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Property profile & analytics
OFF-MARKET
Estimated value
$1,730,000
Warehouses
807 Brazospark Dr Clute, TX 77531-5101
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US82-5395577
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1976
Total area
17,120 SF
Lot
2.83 ac (123,057 SF)
APN
2115-0053-120
UPID
US82-5395577
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.68M
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.73M
Owner & transaction history
Ess Vrs Tx · 20 yrs held
Ess Vrs Tx
since 2005
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.4M
+84.9%
Restaurant
$2.3M
+79.8%
Auto repair, garage
$2.1M
+62.1%
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 Clute submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clute 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%
$1,820,000
6.5%
$1,680,000
7%
$1,560,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,305,000
Current use
OFFICE BUILDING
$2,410,000
Change: +85% · Conversion: Difficult
RESTAURANT
$2,340,000
Change: +80% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,115,000
Change: +62% · Conversion: Easy
MEDICAL BUILDING
$1,545,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$1,500,000
Change: +15% · Conversion: Moderate
Blend value · Realmo final
$1.73M
Range $1.56M – $1.90M · ±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
$101 / 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
$40,391
Tax year 2024
Assessed value
$2,509,827
Assessed 2024
Previous assessed
$1,940,000
+29.4% YoY
Effective rate
1.61%
On assessed value
Assessed land
$405,490
Assessed improvement
$2,104,337
Land market value
$405,490
Improvement market value
$2,104,337
Total market value
$2,509,827
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1976
Heating
PACKAGE
Cooling
CENTRAL
Buildings
3
Rooms
8
Total area
17,120 SF
Lot
2.83 ac (123,057 SF)
APN
2115-0053-120
UPID
US82-5395577
Jurisdiction
BRAZORIA
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
WAREHOUSE, STORAGE Current
Est. value
$1.3M
OFFICE BUILDING
Est. value
$2.4M
RESTAURANT
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1976
Heating
PACKAGE
Cooling
Yes
Buildings
3
Rooms
8
Lot
2.83 ac
Current owner
From public records · entity-resolved
Ess Vrs Tx
Individual
Mailing address
PO BOX 71870, SALT LAKE CITY, UT 84171-0870
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2005
—
Ess Vrs Tx
Susa Ptshp
Grant Deed
$52,100,000 · Wachovia Bank NA
—
—
Ess Vrs Tx LP
—
Loan Modification
related
$52,100,000 · Bbva USA
—
—
Ess Vrs Tx LP
—
Deed Of Trust
related
$52,100,000 · Compass Bk
—
—
Ess Vrs Tx LP
—
Loan Modification
related
$52,100,000 · Compass 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.
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