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Property profile & analytics
OFF-MARKET
Automotive properties
823 Parker Rd Houston, TX 77076-3414
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-5928509
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2014
Construction
WOOD FRAME
Total area
350 SF
Lot
0.13 ac (5,702 SF)
APN
1315190010003
UPID
US82-5928509
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
-
Greater Gulf Auto Car Dealership
-
Trinity Auto Group Car Dealership
-
Penta Auto Dealership Car Dealership
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
Express Lndg LLC · 6 yrs held
Express Lndg LLC
since 2020
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
$2,722
Tax year 2022
Assessed value
$135,632
Assessed 2024
Previous assessed
$135,110
+0.4% YoY
Effective rate
2.01%
On assessed value
Assessed land
$79,828
Assessed improvement
$55,804
Land market value
$79,828
Improvement market value
$55,804
Total market value
$135,632
Applied tax rate
1.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2014
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Total area
350 SF
Lot
0.13 ac (5,702 SF)
APN
1315190010003
UPID
US82-5928509
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
2014
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Express Lndg LLC
Entity
Free & Clear · 6 yrs held
Mailing address
38 ELM BR CT, SPRING, TX 77380-2731
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Feb 26, 2020
—
Express Lndg LLC
Arturo G Alvarez
Warranty Deed
related
—
Dec 21, 2018
—
Breaktime Stores 30 LLC
5921 Interests Ltd
Grant Deed
$5,172,681 · Central Bk
Sep 11, 2013
—
Arturo G Alvarez
Fernandez,juan & Estefana
Warranty Deed
$41,250 · Post Oak Bank
Mar 16, 2009
—
Hieu T Hoang
Deleon,javier & Yolanda
Warranty Deed
related
—
—
—
Alvarez,arturo G
—
Deed Of Trust
related
$15,000 · Post Oak Bk
—
—
Alvarez,arturo G
—
Loan Modification
related
$15,000 · Post Oak Bk
—
—
Arturo G Alvarez
—
Loan Modification
related
$41,250 · Post Oak 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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