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Property profile & analytics
OFF-MARKET
Commercial real estate
940 Robertson Rd Salado, TX 76571-6270
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-9184968
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2010
Total area
2,494 SF
Lot
0.95 ac (41,556 SF)
APN
447525
UPID
US82-9184968
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
-
Bush's Chicken Restaurant
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
Cove Marketing Store Realty LLC · 3 yrs held
Cove Marketing Store Realty LLC
since 2022
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 Salado submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salado 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 2023Property tax & assessments
Tax year 2023
Tax billed
$15,919
Tax year 2023
Assessed value
$882,983
Assessed 2024
Previous assessed
$808,592
+9.2% YoY
Effective rate
1.80%
On assessed value
Assessed land
$125,915
Assessed improvement
$757,068
Land market value
$125,915
Improvement market value
$757,068
Total market value
$882,983
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
2010
Heating
CENTRAL
Cooling
CENTRAL
Total area
2,494 SF
Lot
0.95 ac (41,556 SF)
APN
447525
UPID
US82-9184968
Jurisdiction
BELL
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
2010
Heating
CENTRAL
Cooling
Yes
Lot
0.95 ac
Current owner
From public records · entity-resolved
Cove Marketing Store Realty LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3172 BOYS RNCH RD, KEMPNER, TX 76539-3920
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Dec 29, 2022
—
Cove Marketing Store Realty LLC
Salado Restaurant Investments LLC
Special Warranty Deed
—
Jun 18, 2018
—
Salado Restaurant Invs LLC
Reain Holdings LLC
Grant Deed
$1,520,000 · National United
Sep 6, 2016
—
Reain Holdings LLC
E & L Properties Ltd
Warranty Deed
related
$800,000 · First St Bk/ctrl Tx
Jan 25, 2011
—
E & L Properties Ltd
—
Trustees Deed
related
$475,000 · Horizon Bank
Feb 19, 2010
—
E & L Props Ltd
Owner Name Unavailable
Grant Deed
related
—
—
—
E & L Properties Ltd
—
Deed Of Trust
related
$559,571 · Horizon Bank
—
—
E & L Properties Ltd
—
Deed Of Trust
related
$65,000 · Horizon Bank
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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