Back to Search
Property profile & analytics
OFF-MARKET
Commercial land
Peek Rd Cypress, TX 77433
Individually Owned
3-yr Hold
Absentee Owner
Property ID
US82-8340994
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
11.86 ac (516,617 SF)
APN
430900000001
UPID
US82-8340994
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
Grant Draper · 3 yrs held
Grant Draper
since 2023
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 Cypress submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cypress 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
$3,549
Tax year 2022
Assessed value
$516,617
Assessed 2023
Previous assessed
$516,617
+0.0% YoY
Effective rate
0.69%
On assessed value
Assessed land
$516,617
Land market value
$516,617
Total market value
$516,617
Applied tax rate
4.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
11.86 ac (516,617 SF)
APN
430900000001
UPID
US82-8340994
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
Heating
NONE
Lot
11.86 ac
Current owner
From public records · entity-resolved
Grant Draper
Individual
Mailing address
21211 BLUE PALM LN, CYPRESS, TX 77433-6627
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
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2023
—
Grant Draper
K Hovnanian Houston Marvida LLC
Venders Lien
$400,589 · K Hovnanian American Mortgage LLC
Mar 1, 2023
—
Jin Lian
Chesmar Homes LLC
Venders Lien
$312,000 · East West Bank
Oct 6, 2022
—
Brian Omondi Kenya
Long Lake Ltd
Venders Lien
$452,067 · Interlinc Mortgage Services LLC
Sep 28, 2022
—
Marquise Watson Tremond
Gehan Homes Ltd
Venders Lien
$416,760 · Advisa Mortgage Services Ltd
Sep 14, 2022
—
Octavio Perez
Castlerock Communities LLC
Venders Lien
$100,000 · Interlinc Mortgage Services LLC
Aug 22, 2022
—
Michelle Ann Ross
Castlerock Communities LLC
Venders Lien
$375,822 · Interlinc Mortgage Services LLC
Aug 4, 2022
—
Alysia Renee Mabins
Castlerock Communities LLC
Venders Lien
$420,296 · Interlinc Mortgage Services LLC
Aug 3, 2022
—
Asim Jabbar
Castlerock Communities LLC
Venders Lien
$219,821 · Interlinc Mortgage Services LLC
Aug 2, 2022
—
Alexa Romero
D R Horton Texas Ltd
Venders Lien
$445,251 · Amcap Mortgage Ltd
Jul 6, 2022
—
Andre Green Jarrett
Castlerock Communities LLC
Venders Lien
$431,565 · Interlinc Mortgage Services LLC
Jul 5, 2022
—
Claudia Del Carmen Franco
D R Horton Texas Ltd
Venders Lien
$429,528 · Interlinc Mortgage Services LLC
Jun 15, 2022
—
Kenneth George Hardin JR
Westin Homes And Properties LP
Venders Lien
$542,349 · Elements Financial FCU
Jun 9, 2022
—
Gurmeet Singh
D R Horton Texas Ltd
Venders Lien
$367,828 · Home Point Financial Corporation
Jun 7, 2022
—
Venessa M Pichon
Castlerock Communities LLC
Venders Lien
$135,935 · Pennymac Loan Services LLC
May 3, 2022
—
Gilberto Samir Mata
Castlerock Communities LLC
Venders Lien
$371,003 · Interlinc Mortgage Services LLC
Apr 27, 2022
—
Cesar Adrian Gutierrez Medina
Lennar Homes Of Texas Sales And Mkt
Venders Lien
$307,320 · Freedom Mortgage Corp
Apr 25, 2022
—
Elvisnkain Nsom
Castlerock Communities LLC
Venders Lien
$421,467 · Interlinc Mortgage Services LLC
Mar 31, 2022
—
Aldo Mario Mindiola Perez
Lennar Homes Of Texas Sales And Mkt
Venders Lien
$308,450 · Homebridge Financial Services INC
Dec 21, 2020
—
Tphtm 529 LLC
Landmark Industries LLC
Grant Deed
related
—
May 29, 2020
—
Harris Cnty Muni Utility Distr
Cypress 856 Ltd
Grant Deed
related
—
Feb 18, 1997
—
Mcgill Legacy Ltd
Mcgill,donald R
Quit Claim Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Peek Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
