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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Hotels
8602 Fm 1960th E Rd 40 Humble, TX 77346-3986
Entity Owned
11-yr Hold
Free & Clear
Property ID
US82-2827505
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2016
Construction
BRICK
Total area
21,110 SF
Lot
0.96 ac (41,626 SF)
APN
1384800010001
UPID
US82-2827505
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
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$527k
Blend (final)
Blend
$605k
Owner & transaction history
8530b Fm 1960 E LLC · 11 yrs held
8530b Fm 1960 E LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$995,000
+93.7%
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 Humble submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Humble 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
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$515,000
Current use
MEDICAL BUILDING
$995,000
Change: +94% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$29 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$8,704
Tax year 2022
Assessed value
$1,426,640
Assessed 2024
Previous assessed
$1,171,960
+21.7% YoY
Effective rate
0.61%
On assessed value
Assessed land
$416,259
Assessed improvement
$1,010,381
Land market value
$416,259
Improvement market value
$1,010,381
Total market value
$1,426,640
Applied tax rate
18.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2016
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
21,110 SF
Lot
0.96 ac (41,626 SF)
APN
1384800010001
UPID
US82-2827505
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
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$515,000
MEDICAL BUILDING
Est. value
$995,000
HOTEL/MOTEL Current
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
2016
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
8530b Fm 1960 E LLC
Entity
Free & Clear · 11 yrs held
Mailing address
8602 FM 1960TH RD E, HUMBLE, TX 77346-3986
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
May 3, 2019
—
Shanta Lodging LLC
—
Deed
related
$2,000,000 · First St Bk
Sep 24, 2014
—
8530b Fm 1960 E LLC
Sunkureddi,krishna
Grant Deed
related
—
Jul 8, 2013
—
Krishna Sunkureddi
Community Bk Of Tx NA
Grant Deed
related
—
Jul 7, 2011
$50,000
Community Bank Of Texas
Adam,robert J
Trustees Deed
related
—
Sep 13, 2010
—
Pruitt,henry A & Vicki M
—
Loan Modification
related
$1,135,121 · Community Bk/tx
—
—
Shanta Lodging LLC
—
Deed Of Trust
related
$2,000,000 · First St Bk
—
—
Pruitt,henry A & Vicki M
—
Loan Modification
related
$952,563 · Community Bk/tx
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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