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Property profile & analytics
OFF-MARKET
Office buildings
8789 Bailey Rd Manvel, TX 77578-4045
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3320139
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Total area
1,500 SF
Lot
1.98 ac (86,157 SF)
APN
0548-0010-110
UPID
US82-3320139
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gulf Tex Holdings LLC · 1 yrs held
Gulf Tex Holdings LLC
since 2025
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 Manvel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manvel 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 2018Property tax & assessments
Tax year 2018
Assessed value
$780,200
Assessed 2023
Previous assessed
$553,740
+40.9% YoY
Assessed land
$219,410
Assessed improvement
$560,790
Land market value
$219,410
Improvement market value
$560,790
Total market value
$780,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1991
Heating
NONE
Buildings
3
Stories
1
Rooms
20
Total area
1,500 SF
Lot
1.98 ac (86,157 SF)
APN
0548-0010-110
UPID
US82-3320139
Jurisdiction
BRAZORIA
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
1991
Heating
NONE
Stories
1
Buildings
3
Rooms
20
Lot
1.98 ac
Current owner
From public records · entity-resolved
Gulf Tex Holdings LLC
Entity
Mailing address
4603 STEVENS RD, MANVEL, TX 77578-4553
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2025
—
Gulf Tex Holdings LLC
Realvest Capital Fund Vii LLC
Deed
$701,250 · Realvest Capital Fund Vii LLC
May 15, 2019
—
Oziel Ramirez
—
Deed
related
$241,937 · Arturo Hoekstra
Jun 22, 2018
—
Vanessa Romero
Ramirez,oziel
Warranty Deed
related
—
Jun 4, 2018
—
Oziel Ramirez
Bell,randy L
Warranty Deed
related
—
Sep 29, 2017
—
Randy L Bell
Shaver,brenda J C
Warranty Deed
related
—
Dec 29, 2016
—
Randy L Bell
Bell Vester R
Quit Claim Deed
related
—
Sep 24, 2010
—
Vester Ray Bell LLC
Bell,vester R
Quit Claim Deed
related
—
—
—
Oziel Ramirez
—
Loan Modification
related
$241,937 · Arturo Hoekstra
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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