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Property profile & analytics
FOR SALE
Commercial real estate
7940 Plum Grove Rd Cleveland, TX 77327
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-8217542
For Sale
Contact for pricing
7940 Plum Grove Rd, Cleveland, TX 77327
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2022
Total area
5,184 SF
Lot
6.61 ac (287,757 SF)
APN
R21696
UPID
US82-8217542
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
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Intermex Wire Transfer Bank Credit Union
-
Teddy’s Chevron Gas Station
-
Fresh Donuts Bakery Specialty Food Shop
-
SAM Check Cashing Machine Check Cashing
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$810k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$805k
Owner & transaction history
Krystal Plum Grove LLC · 2 yrs held
Krystal Plum Grove LLC
since 2023
6 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 Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland 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
by Request
CAP Approach
CAP Return
Estimation
6%
$875,000
6.5%
$810,000
7%
$750,000
Blend value · Realmo final
$805k
Range $725k – $886k · ±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
$155 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$25,067
Tax year 2024
Assessed value
$1,496,750
Assessed 2024
Previous assessed
$1,390,620
+7.6% YoY
Effective rate
1.67%
On assessed value
Assessed land
$252,060
Assessed improvement
$1,244,690
Land market value
$252,060
Improvement market value
$1,244,690
Total market value
$1,496,750
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
2022
Heating
NONE
Buildings
3
Stories
1
Bathrooms
1
Total area
5,184 SF
Lot
6.61 ac (287,757 SF)
APN
R21696
UPID
US82-8217542
Jurisdiction
LIBERTY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2022
Heating
NONE
Stories
1
Buildings
3
Bathrooms
1
Lot
6.61 ac
Current owner
From public records · entity-resolved
Krystal Plum Grove LLC
Entity
Mailing address
6511 ASHFIELD PL CT, SUGAR LAND, TX 77479-5571
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2025
—
Krystal Plum Grove LLC
—
Deed
related
$300,000 · United States Small Business Admin
Aug 22, 2023
—
Krystal Plum Grove LLC
Plum Stores INC
Venders Lien
$5,000,000 · Bank Of The Orient
Feb 9, 2021
—
Plum Stores INC
Ronald W Wood
Warranty Deed
—
Oct 27, 2016
—
Colony Ridge Dev LLC
Wood,ronald W & Deborah J
Grant Deed
related
—
Oct 22, 2014
—
Wood,ronald W & Deborah J
Winton Mae
Warranty Deed
$33,600 · Security St Bk
Aug 4, 2006
—
Mae Winton
Ulrich Juanita J
Grant Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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