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Property profile & analytics
OFF-MARKET
Office buildings
9941 Rowlett Rd Houston, TX 77075-3404
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US82-0527312
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
BRICK
Total area
9,020 SF
Lot
1.21 ac (52,533 SF)
APN
280640030009
UPID
US82-0527312
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
-
Statistical Designs (Bike/Boat/Book/etc) Store Corporate Office
-
Taylor & Hill Renovation Specialist (Bike/Boat/Book/etc) Store
-
Salcon Construction General Contractor
-
Gospel Revival Evangelistic Ministries International Church
-
Gary T Lester Law Firm
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
Saldana-group Co · 7 yrs held
Saldana-group Co
since 2018
6 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 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
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
$7,287
Tax year 2022
Assessed value
$617,047
Assessed 2024
Previous assessed
$607,012
+1.7% YoY
Effective rate
1.18%
On assessed value
Assessed land
$210,132
Assessed improvement
$406,915
Land market value
$210,132
Improvement market value
$406,915
Total market value
$617,047
Applied tax rate
21.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1970
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
9,020 SF
Lot
1.21 ac (52,533 SF)
APN
280640030009
UPID
US82-0527312
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
1970
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
1.21 ac
Current owner
From public records · entity-resolved
Saldana-group Co
Entity
Mailing address
9941 ROWLETT RD, HOUSTON, TX 77075-3404
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2019
—
Duong Nguyen
—
Deed
related
$138,000 · Hong T Trinh
Aug 31, 2018
—
Saldana-group Co
Nunez,raymond
Warranty Deed
$360,000 · Tma Commercial Properties LLC
Dec 2, 2016
—
Duong Nguyen
Lester,gary T & Betty J
Grant Deed
$150,000 · Minh U Vo
Jul 2, 2004
—
Tma Commercial Properties LLC
Jrd Venture 1
Warranty Deed
related
—
Feb 24, 1998
—
Venture 1 Jrd
Gramann,henry T & Georgeimaye H
Grant Deed
$228,000 · Chase Bank Of Texas
—
—
Duong Nguyen
—
Deed Of Trust
related
$138,000 · Hong T Trinh
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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