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Property profile & analytics
FOR SALE
Flex space
8714 Galveston Rd Houston, TX 77034
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3226565
For Sale
1 / 3
$610,000
8714 Galveston Rd, Houston, TX 77034
View Listing →
Property summary
AI-generated overview
This exceptional industrial property, located at 8714 Galveston Rd, Houston, TX 77034, offers 17,500 square feet of improvements on a 5.36-acre lot. The property boasts three buildings: a 14,000 square foot main warehouse featuring a 40-foot clear height ceiling, four overhead doors (two oversized at the front and rear, plus two additional side doors), a 25-ton crane, a break room, restrooms, and an 8-inch concrete slab
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2010
Construction
METAL FRAME
Total area
9,800 SF
Lot
5.06 ac (220,588 SF)
APN
450550000125
UPID
US83-3226565
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
-
V. R. Manufacturing Corporation Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
$850k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
Clay Galveston Road Ltd · 1 yrs held
Clay Galveston Road Ltd
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$770,000
+217.0%
Medical building
$625,000
+157.4%
Apartment house (5+ units)
$615,000
+152.2%
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 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
$630,000
CAP Approach
CAP Return
Estimation
6%
$920,000
6.5%
$850,000
7%
$790,000
Alternative Use
Use
Estimation
RESTAURANT
$770,000
Change: +217% · Conversion: Difficult
MEDICAL BUILDING
$625,000
Change: +157% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$615,000
Change: +152% · Conversion: Difficult
AUTO REPAIR, GARAGE
$580,000
Change: +140% · Conversion: Easy
RETAIL STORES
$550,000
Change: +126% · Conversion: Moderate
WAREHOUSE, STORAGE
$385,000
Change: +59% · Conversion: Easy
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$62 / 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
$27,764
Tax year 2023
Assessed value
$2,137,092
Assessed 2024
Previous assessed
$2,137,092
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$992,646
Assessed improvement
$1,144,446
Land market value
$992,646
Improvement market value
$1,144,446
Total market value
$2,137,092
Applied tax rate
21.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Sale
Year built
2010
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Rooms
5
Bathrooms
1
Total area
9,800 SF
Lot
5.06 ac (220,588 SF)
APN
450550000125
UPID
US83-3226565
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
RESTAURANT
Est. value
$770,000
MEDICAL BUILDING
Est. value
$625,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$615,000
AUTO REPAIR, GARAGE
Est. value
$580,000
RETAIL STORES
Est. value
$550,000
WAREHOUSE, STORAGE
Est. value
$385,000
RESTAURANT
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
2010
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Rooms
5
Bathrooms
1
Lot
5.06 ac
Current owner
From public records · entity-resolved
Clay Galveston Road Ltd
Individual
Mailing address
30950 RANCHO VIEJO RD STE #125, SAN JUAN CAPISTRANO, CA 92675-1714
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2025
—
Clay Galveston Road Ltd
Rebecca L Dillon
Special Warranty Deed
—
Mar 26, 2025
—
Rebecca L Dillon
Organic Soil Science INC
Special Warranty Deed
—
Jan 29, 2024
—
Organic Soil Science INC
—
Deed
related
$335,500 · Full Scope Solutions
Aug 27, 2021
—
Terragenix INC
Victor Rivera
Special Warranty Deed
—
Sep 30, 2009
—
Victor M Rivera
—
Trustees Deed
related
$978,500 · Compass Bank
Jul 23, 2008
—
Victor Rivera
French,dale
Warranty Deed
$460,000 · Dale French
Nov 22, 2005
—
Dale French
French Equities INC
Quit Claim Deed
—
Aug 28, 1998
—
Pasadena Independent School Di
Harris County Sheriff
Grant Deed
related
—
—
—
Victor Rivera
—
Deed Of Trust
related
$521,820 · Jp Morgan Chase Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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