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Property profile & analytics
OFF-MARKET
Estimated value
$6,560,000
Hotels
8686 Kirby Dr 652 Houston, TX 77054-2804
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2447673
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1965
Construction
BRICK
Total area
162,573 SF
Lot
12.44 ac (541,917 SF)
APN
1182980010001
UPID
US82-2447673
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
-
Allstate Travel & Tours Travel Agency
-
Wyndham Houston near NRG Park / Medical Center Hotel & Motel
-
Metro Hospitality Management Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.70M
Blend (final)
Blend
$6.56M
Owner & transaction history
Metro Hospitality Partners Ltd · 4 yrs held
Metro Hospitality Partners Ltd
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$5.6M
+55.4%
Medical building
$5.2M
+43.4%
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
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
APARTMENT HOUSE (5+ UNITS)
$5,590,000
Change: +55% · Conversion: Difficult
MEDICAL BUILDING
$5,155,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$6.56M
Range $5.90M – $7.22M · ±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
$40 / 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
$448,096
Tax year 2022
Assessed value
$22,212,228
Assessed 2024
Previous assessed
$22,240,078
-0.1% YoY
Effective rate
2.02%
On assessed value
Assessed land
$19,509,012
Assessed improvement
$2,703,216
Land market value
$19,509,012
Improvement market value
$2,703,216
Total market value
$22,212,228
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1965
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
7
Stories
10
Total area
162,573 SF
Lot
12.44 ac (541,917 SF)
APN
1182980010001
UPID
US82-2447673
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
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.6M
MEDICAL BUILDING
Est. value
$5.2M
APARTMENT HOUSE (5+ UNITS)
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
1965
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
10
Buildings
7
Lot
12.44 ac
Current owner
From public records · entity-resolved
Metro Hospitality Partners Ltd
Entity
Mailing address
4669 SWSW FWY STE #830, HOUSTON, TX 77027-7137
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2022
—
Metro Hospitality Partners Ltd
—
Deed
related
$2,000,000 · United States Small Business Admin
May 11, 2020
—
Metro Hospitality Partners Ltd
—
Deed
related
$14,960,000 · Woodforest Nat'l Bk
Aug 4, 2010
—
Metro Hospitality Partners Ltd
—
Deed Of Trust
related
$10,751,845 · Woodforest National Bank
Jun 8, 2009
—
Metro Hospitality Partners Ltd
—
Deed Of Trust
related
$1,972,621 · Woodforest National Bank
—
—
Metro Hospitality Partners Ltd
—
Loan Modification
related
$7,300,000 · Woodforest Nat'l Bk
—
—
Metro Hospitality Partners Ltd
—
Loan Modification
related
$6,452,117 · Woodforest Nat'l Bk
—
—
Metro Hospitality Partners Ltd
—
Loan Modification
related
$9,886,010 · Woodforest Nat'l Bk
—
—
Metro Hospitality Partners Ltd
—
Loan Modification
related
$11,120,000 · Woodforest Nat'l Bk
—
—
Metro Hospitality Partners Ltd
—
Loan Modification
related
$2,000,000 · Woodforest Nat'l Bk
—
—
Metro Hospitality Partners Ltd
—
Deed Of Trust
related
$7,118,852 · Woodforest National Bank
—
—
Metro Hospitality Partners Ltd
—
Deed Of Trust
related
$14,960,000 · Woodforest Nat'l Bk
—
—
Metro Hospitality Partners Ltd
—
Deed Of Trust
related
$2,000,000 · Woodforest Nat'l 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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