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Property profile & analytics
OFF-MARKET
Estimated value
$16,270,000
Individual retail properties
8383 Memorial Blvd Port Arthur, TX 77640-7008
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-3128943
Property profile
Verified
Property type
Individual retail properties
Use group
APPLIANCE STORE
Year built
2001
Total area
134,056 SF
Lot
16.68 ac (726,450 SF)
APN
049400-000-048851-00100
UPID
US83-3128943
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
-
Lowe's ProServices Building Supply Industrial Manufacturer
-
Lowe's Garden Center Garden Center
-
Minute Key Locksmith (Bike/Boat/Book/etc) Store
-
Primo Water Exchange Big Box & Wholesale Store
-
Lowe's Home Improvement Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.18M
Blend (final)
Blend
$16.27M
Owner & transaction history
Sdi Park Central Outlot L LLC · 18 yrs held
Sdi Park Central Outlot L LLC
since 2008
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$21.6M
+45.5%
Commercial (general)
$18.3M
+23.2%
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 Port Arthur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Arthur 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$14,835,000
Current use
RESTAURANT
$21,590,000
Change: +46% · Conversion: Easy
COMMERCIAL (GENERAL)
$18,280,000
Change: +23% · Conversion: Easy
MEDICAL BUILDING
$11,915,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$16.27M
Range $14.64M – $17.90M · ±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
$121 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$250,642
Tax year 2023
Assessed value
$8,580,544
Assessed 2023
Previous assessed
$8,580,544
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$2,360,310
Assessed improvement
$6,220,234
Land market value
$2,360,310
Improvement market value
$6,220,234
Total market value
$8,580,544
Applied tax rate
109.0000
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
Individual retail properties
Use group
APPLIANCE STORE
Status
Off-Market
Year built
2001
Heating
NONE
Stories
1
Total area
134,056 SF
Lot
16.68 ac (726,450 SF)
APN
049400-000-048851-00100
UPID
US83-3128943
Jurisdiction
JEFFERSON
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
RETAIL STORES Current
Est. value
$14.8M
RESTAURANT
Est. value
$21.6M
COMMERCIAL (GENERAL)
Est. value
$18.3M
MEDICAL BUILDING
Est. value
$11.9M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
2001
Heating
NONE
Stories
1
Lot
16.68 ac
Current owner
From public records · entity-resolved
Sdi Park Central Outlot L LLC
Entity
Free & Clear · 18 yrs held
Mailing address
1000 LOWES BLVD, MOORESVILLE, NC 28117-8520
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2008
—
Sdi Park Central Outlot L LLC
Lowes Home Centers INC
Warranty 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.
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