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Property profile & analytics
OFF-MARKET
Auto shops
8051 Fallbrook Dr Houston, TX 77064-3420
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-5302090
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1998
Construction
WOOD FRAME
Total area
7,280 SF
Lot
0.23 ac (9,897 SF)
APN
272060040006
UPID
US82-5302090
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
-
Central Mechanical AC Air Conditioning & Heating System Maintenance and Repair General Contractor
-
Forest Imports Inc. Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Carpati LLC · 2 yrs held
Carpati LLC
since 2023
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 Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,388
Tax year 2022
Assessed value
$404,478
Assessed 2024
Previous assessed
$347,509
+16.4% YoY
Effective rate
0.59%
On assessed value
Assessed land
$49,490
Assessed improvement
$354,988
Land market value
$49,490
Improvement market value
$354,988
Total market value
$404,478
Applied tax rate
4.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1998
Construction
WOOD FRAME
Heating
NONE
Cooling
NONE
Buildings
1
Stories
1
Total area
7,280 SF
Lot
0.23 ac (9,897 SF)
APN
272060040006
UPID
US82-5302090
Jurisdiction
HARRIS
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
1998
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Carpati LLC
Entity
Free & Clear · 2 yrs held
Mailing address
12777 JONES RD STE #165, HOUSTON, TX 77070-4667
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2023
—
Carpati LLC
—
Deed
related
$200,000 · Frost Bank
Aug 1, 2023
—
Carpati LLC
George A Halmaghi
Warranty Deed
—
Oct 30, 2020
—
Forest Imports INC
—
Deed
related
$150,000 · Frost Bk
Nov 7, 2019
—
Forest Imports INC
—
Deed
related
$150,000 · Frost Bk
Nov 6, 2018
—
Forest Imports INC
—
Deed
related
$150,000 · Frost Nat'l Bk
Oct 31, 2017
—
Forest Imports INC
—
Deed
related
$150,000 · Frost Bk
Nov 1, 2016
—
Forest Imports Corp
—
Deed
related
$150,000 · Frost Bk
Dec 8, 2010
—
George A Halmaghi
Vulcu,gheorgina & Candit
Warranty Deed
related
—
Nov 10, 2010
—
George A Halmaghi
Vulcu,gheorgina & Candit
Warranty Deed
related
—
—
—
Forest Imports Corp
—
Deed Of Trust
related
$150,000 · Frost National Bank
—
—
Halmaghi,george A
—
Deed Of Trust
related
$150,000 · Frost Nat'l Bk
—
—
Halmaghi,george A
—
Deed Of Trust
related
$150,000 · Frost Nat'l Bk
—
—
Forest Imports Corp
—
Loan Modification
related
$150,000 · Frost Bk
—
—
Forest Imports INC
—
Loan Modification
related
$150,000 · Frost Bk
—
—
Forest Imports Corp
—
Deed Of Trust
related
$150,000 · Frost Bank
—
—
Forest Imports Corp
—
Loan Modification
related
$150,000 · Frost Bk
—
—
Forest Imports INC
—
Loan Modification
related
$150,000 · Frost Bk
—
—
Forest Imports INC
—
Loan Modification
related
$150,000 · Frost Bk
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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