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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Commercial real estate
918 Fm 518th Rd Kemah, TX 77565-3131
Individually Owned
8-yr Hold
Property ID
US83-3778636
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2022
Total area
5,940 SF
Lot
2.61 ac (113,561 SF)
APN
4235-0001-0001-004
UPID
US83-3778636
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
-
Chipz and Dentz Away Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$905k
Comparable Approach
Comparable
$950k
Blend (final)
Blend
$925k
Owner & transaction history
Texas Complete Auto Repair Lube And · 8 yrs held
Texas Complete Auto Repair Lube And
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+125.5%
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 Kemah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kemah 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%
$980,000
6.5%
$905,000
7%
$840,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$555,000
Current use
OFFICE BUILDING
$1,255,000
Change: +125% · Conversion: Easy
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±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
$156 / 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 2018Property tax & assessments
Tax year 2018
Tax billed
$4,277
Tax year 2018
Assessed value
$1,738,280
Assessed 2023
Previous assessed
$1,738,280
+0.0% YoY
Effective rate
0.25%
On assessed value
Assessed land
$181,710
Assessed improvement
$1,556,570
Land market value
$181,710
Improvement market value
$1,556,570
Total market value
$1,738,280
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2022
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
1
Total area
5,940 SF
Lot
2.61 ac (113,561 SF)
APN
4235-0001-0001-004
UPID
US83-3778636
Jurisdiction
GALVESTON
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
COMMERCIAL (GENERAL) Current
Est. value
$555,000
OFFICE BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
OFFICE 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
2022
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
2.61 ac
Current owner
From public records · entity-resolved
Texas Complete Auto Repair Lube And
Individual
Mailing address
3509 AREZZO CIR, FRIENDSWOOD, TX 77546-2243
Ownership since
2018
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 8, 2019
—
Texas Complete Auto Repair Lub
—
Deed
related
$729,515 · Allegiance Bk
Mar 23, 2018
—
Texas Complete Auto Repair Lube And
Walter P Marryman
Warranty Deed
$408,000 · Post Oak Bank NA
Dec 28, 2004
—
Walter P Merryman
Kelley,charles N
Warranty Deed
$225,000 · Entrust Mortgage INC
Aug 26, 2004
—
Charles N Kelley
—
Trustees Deed
related
$18,500 · Channelview Capital INC
Aug 16, 2004
—
Charles N Kelley
Kelley,amber L
Quit Claim Deed
related
—
—
—
Texas Complete Auto Repair Lub
—
Deed Of Trust
related
$729,515 · Allegiance Bk
—
—
Charles N Kelley
—
Deed Of Trust
related
$40,000 · M-w Construction
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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