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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Warehouses
9112 Spg Br Dr Houston, TX 77080-7454
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3336267
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1971
Construction
METAL FRAME
Total area
7,000 SF
Lot
1.08 ac (47,045 SF)
APN
651040000030
UPID
US83-3336267
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
-
Kyle's Transmission Auto Repair Shop
-
HTX Stone and Materials Big Box & Wholesale Store Building Supply
-
Decorative Arts by Pepe Corporate Office
-
Houston Custom Gates And Fence Now Custom Metal Work General Contractor Construction Company
-
Memorial Recovery – Women's Sober Living Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$410k
CAP Approach
CAP
$795k
Comparable Approach
Comparable
$584k
Blend (final)
Blend
$595k
Owner & transaction history
Coconut Isle Investment INC · 18 yrs held
Coconut Isle Investment INC
since 2008
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$785,000
+88.2%
Restaurant
$710,000
+69.7%
Retail stores
$505,000
+21.2%
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
$410,000
CAP Approach
CAP Return
Estimation
6%
$860,000
6.5%
$795,000
7%
$735,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$415,000
Current use
AUTO REPAIR, GARAGE
$785,000
Change: +88% · Conversion: Easy
RESTAURANT
$710,000
Change: +70% · Conversion: Difficult
RETAIL STORES
$505,000
Change: +21% · Conversion: Moderate
OFFICE BUILDING
$485,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$445,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$85 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$11,592
Tax year 2020
Assessed value
$1,265,699
Assessed 2024
Previous assessed
$1,459,304
-13.3% YoY
Effective rate
0.92%
On assessed value
Assessed land
$940,880
Assessed improvement
$324,819
Land market value
$940,880
Improvement market value
$324,819
Total market value
$1,265,699
Applied tax rate
25.0000
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
1971
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
7,000 SF
Lot
1.08 ac (47,045 SF)
APN
651040000030
UPID
US83-3336267
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
$415,000
AUTO REPAIR, GARAGE
Est. value
$785,000
RESTAURANT
Est. value
$710,000
RETAIL STORES
Est. value
$505,000
OFFICE BUILDING
Est. value
$485,000
MEDICAL BUILDING
Est. value
$445,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
OFFICE BUILDING
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
1971
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.08 ac
Current owner
From public records · entity-resolved
Coconut Isle Investment INC
Entity
Mailing address
1305 ANTOINE DR, HOUSTON, TX 77055-6942
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2008
—
Coconut Isle Investment INC
Hubacek,michael R
Warranty Deed
related
—
Jan 29, 2007
—
Michael R Hubacek
Zarsky Industries INC
Grant Deed
$448,000 · First Community Bank Ft Bnd NA
—
—
Coconut Isle Investments INC
—
Deed Of Trust
related
$433,597 · Prosperity Bk
—
—
Coconut Isle Investments INC
—
Loan Modification
related
$281,370 · Frost Bank
—
—
Coconut Isle Investments INC
—
Deed Of Trust
related
$433,597 · Prosperity Bk Br 146
—
—
Coconut Isle Investments INC
—
Deed Of Trust
related
$551,083 · Prosperity Bk
—
—
Spring Branch Holdings LLC
—
Deed Of Trust
related
$925,000 · Gary Hmaidan
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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