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Property profile & analytics
OFF-MARKET
Warehouses
Fm 78, Converse, TX 78109
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-9915917
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2019
Total area
4,200 SF
Lot
1.5 ac (65,384 SF)
APN
05063-806-0160
UPID
US82-9915917
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
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
9179 Shadow Creek & 9166 Fm 78 LLC · 3 yrs held
9179 Shadow Creek & 9166 Fm 78 LLC
since 2023
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 Converse submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Converse 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
$11,672
Tax year 2023
Assessed value
$555,623
Assessed 2024
Previous assessed
$555,623
+0.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$158,230
Assessed improvement
$397,393
Land market value
$158,230
Improvement market value
$397,393
Total market value
$555,623
Applied tax rate
6.0000
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
2019
Heating
NONE
Cooling
NONE
Stories
1
Total area
4,200 SF
Lot
1.5 ac (65,384 SF)
APN
05063-806-0160
UPID
US82-9915917
Jurisdiction
BEXAR
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
2019
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.5 ac
Current owner
From public records · entity-resolved
9179 Shadow Creek & 9166 Fm 78 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2616 FM 1346, LA VERNIA, TX 78121-4213
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Feb 3, 2023
—
9179 Shadow Creek & 9166 Fm 78 LLC
Robert Staudt
Special Warranty Deed
—
Dec 21, 2020
—
Robert J Staudt
—
Deed
related
$1,584,000 · First Com'l Bk NA
Mar 11, 2019
—
Robert Staudt
Berlanga,michael P
Grant Deed
related
—
Sep 27, 2011
—
Michael P Berlanga
Berlanga,pamela S
Quit Claim Deed
related
—
—
—
Robert J Staudt
—
Deed Of Trust
related
$1,584,000 · First Com'l Bk NA
—
—
Michael P Berlanga
—
Deed Of Trust
related
$74,683 · Prosperity 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.
Try Rey
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