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Property profile & analytics
OFF-MARKET
Retail space
890 Mason Rd Katy, TX 77450-3941
Entity Owned
27-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-4535559
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Construction
CONCRETE BLOCKS
Total area
8,260 SF
Lot
0.76 ac (33,284 SF)
APN
431360000023
UPID
US82-4535559
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
-
Phở Saigon Restaurant
-
Pollo Bravo Restaurant
-
Smoothie King Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Roof Repair Services Roofing Company General Contractor
-
T-Mobile Authorized Retailer Mobile Phone Store Electronics & Wireless Store
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
Motiva Enterprises LLC · 27 yrs held
Motiva Enterprises LLC
since 1998
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 Katy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Katy 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 2022Property tax & assessments
Tax year 2022
Tax billed
$43,709
Tax year 2022
Assessed value
$2,546,120
Assessed 2024
Previous assessed
$2,491,250
+2.2% YoY
Effective rate
1.72%
On assessed value
Assessed land
$665,680
Assessed improvement
$1,880,440
Land market value
$665,680
Improvement market value
$1,880,440
Total market value
$2,546,120
Applied tax rate
19.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2005
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
8,260 SF
Lot
0.76 ac (33,284 SF)
APN
431360000023
UPID
US82-4535559
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
Building & site characteristics
From public records
Year built
2005
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Motiva Enterprises LLC
Entity
Free & Clear · 27 yrs held
Mailing address
7500 SAN FELIPE ST STE #725, HOUSTON, TX 77063-1726
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1998
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
Oct 30, 2023
—
Mason Creek Shopping Center LP
—
Deed
related
$5,000,000 · Us Bank NA
Sep 23, 2016
—
Cimarron Parkway Partners Ltd
—
Deed
related
$1,592,500 · Amegy Bk
May 20, 2016
—
Cimarron Parkway Partners Ltd
—
Deed
related
—
Oct 30, 1998
—
Motiva Enterprises LLC
Star Enterprise
Grant Deed
related
—
—
—
Cimarron Parkway Partners Ltd
—
Deed Of Trust
related
$1,196,909 · Amegy Bank NA
—
—
Cimarron Parkway Partners Ltd
—
Loan Modification
related
—
—
—
Cimarron Parkway Partners Ltd
—
Deed Of Trust
related
$1,592,500 · Amegy Bk
—
—
Cimarron Parkway Partners Ltd
—
Deed Of Trust
related
$1,196,909 · Amegy 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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