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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Industrial properties
7901 Riverside Dr Austin, TX 78744-1661
Entity Owned
5-yr Hold
Free & Clear
Property ID
US83-4208165
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1997
Construction
CONCRETE
Total area
57,000 SF
Lot
11.6 ac (505,470 SF)
APN
314200201
UPID
US83-4208165
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Colorado River Constructors General Contractor
-
Austin Safety Council Training Center
-
Prodigy Health Supplier Corporation Pharmacy Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$820k
Blend (final)
Blend
$705k
Owner & transaction history
G&i X Industrial Austin LP · 5 yrs held
G&i X Industrial Austin LP
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Austin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$600,000
Current use
Blend value · Realmo final
$705k
Range $635k – $776k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$12 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$447,337
Tax year 2022
Assessed value
$22,103,655
Assessed 2023
Previous assessed
$22,103,655
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$2,527,351
Assessed improvement
$19,576,304
Land market value
$2,527,351
Improvement market value
$19,576,304
Total market value
$22,103,655
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1997
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
57,000 SF
Lot
11.6 ac (505,470 SF)
APN
314200201
UPID
US83-4208165
Jurisdiction
TRAVIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$600,000
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
11.6 ac
Current owner
From public records · entity-resolved
G&i X Industrial Austin LP
Entity
Free & Clear · 5 yrs held
Mailing address
575 5TH AVE FL #38, NEW YORK, NY 10017-2427
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
—
G&i X Industrial Austin LP
—
Deed
related
$865,000,000 · Bank Of America NA
Aug 4, 2021
—
G&i X Industrial Austin LP
Cre Austin Met Center LLC
Special Warranty Deed
—
Sep 19, 2016
—
Cre Austin Met Center LLC
Mlcfc 2006-4 Office 7901 LLC
Special Warranty Deed
$5,418,130 · Sovereign Bank
Mar 4, 2014
$3,375,000
Mlcfc 2006-4 Office 7901 LLC
Hopper Dan
Trustees Deed
—
Nov 6, 2006
—
Nnn 1 & 2 Met Center 20 LLC
Nnn 1 & 2 Met Center LLC
Quit Claim Deed
—
Oct 18, 2006
—
Nnn 1 & 2 Met Center LLC
Met Center Partners-2 Ltd
Quit Claim Deed
—
Oct 16, 2006
—
Nnn 1 & 2 Met Center LLC
Nnn 1 & 2 Met Center LLC
Quit Claim Deed
$8,600,000 · Pnc Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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