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Property profile & analytics
OFF-MARKET
Estimated value
$1,430,000
Warehouses
9102 Westpark Dr Houston, TX 77063-5524
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3967553
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Construction
STEEL FRAME
Total area
14,444 SF
Lot
2.49 ac (108,347 SF)
APN
1299990010001
UPID
US83-3967553
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
-
Sam's Limousine & Transportation, Inc. Freight Service Logistics Company
-
Weber Corp Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.64M
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.43M
Owner & transaction history
Sams Limousine And Transportation I · 9 yrs held
Sams Limousine And Transportation I
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+57.6%
Auto repair, garage
$1.3M
+46.8%
Medical building
$920,000
+3.5%
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%
$1,770,000
6.5%
$1,635,000
7%
$1,520,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$890,000
Current use
RESTAURANT
$1,405,000
Change: +58% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,305,000
Change: +47% · Conversion: Easy
MEDICAL BUILDING
$920,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.43M
Range $1.29M – $1.57M · ±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
$99 / 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
$141,140
Tax year 2023
Assessed value
$7,019,692
Assessed 2024
Previous assessed
$7,019,692
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$2,166,940
Assessed improvement
$4,852,752
Land market value
$2,166,940
Improvement market value
$4,852,752
Total market value
$7,019,692
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Total area
14,444 SF
Lot
2.49 ac (108,347 SF)
APN
1299990010001
UPID
US83-3967553
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
WAREHOUSE, STORAGE Current
Est. value
$890,000
RESTAURANT
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$920,000
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
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
2007
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Buildings
2
Lot
2.49 ac
Current owner
From public records · entity-resolved
Sams Limousine And Transportation I
Individual
Mailing address
9225 RASMUS DR, HOUSTON, TX 77063-4026
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Jan 14, 2021
—
Sams Limousine & Transportatio
—
Deed
related
$1,427,172 · Prosperity Bk
Feb 16, 2017
—
Sams Limousine And Transportation I
Aa And Investment LP
Venders Lien
$1,600,000 · Prosperity Bank
Mar 22, 2016
—
Aa & T Investment LP
Aa & T Investment II LP
Quit Claim Deed
related
$1,239,000 · Golden Bk
Mar 15, 2016
—
Aa & T Investment LP
Aa & T Investment II LP
Quit Claim Deed
related
—
Jun 12, 2008
—
Aa Investment
—
Trustees Deed
related
$400,000 · Golden Bank
Mar 10, 2006
—
Aa Investment II
Aa & T Investment
Quit Claim Deed
related
—
Jul 6, 2004
—
Aa Investment
Tsai,hsin H & Li-na H
Warranty Deed
related
—
—
—
Aa Investment
—
Deed Of Trust
related
$400,000 · Texas First National Bank
—
—
Sams Limousine & Transportatio
—
Loan Modification
related
$1,427,172 · Prosperity 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.
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