Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1637 County Rd 130 Pearland, TX 77581

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9854908
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1637 County Rd 130

    Property type
    Commercial real estate
    APN
    8225-0001-098
    APU
    82250001098

    Description

    This exceptional 3,263 sq ft hangar sits on a 1.86-acre lot at Pearland Regional Airport (KLVJ), offering convenient access to major Houston-area destinations. The hangar boasts a 20 ft (edges) to 22 ft 4 in (centerline) ceiling height and includes an office, team room, and restroom with shower. A separate, approximately 1,437 sq ft extended section is ideal for additional storage. The main hangar door measures approximately 15 ft 11 in high and 56 ft wide, while the extended section's door is approximately 14 ft high and 26 ft 5 in wide. The property also features a large covered area and a separate paved area for tie-downs or parking. The expansive lot allows for the potential construction of additional hangars or structures. Pearland Regional Airport offers 4,313' x 75' concrete runways with instrument approaches, an FBO with fuel services, a pilot shop, and repair services. The property utilizes a septic system and rainwater collection for water. All measurements are approximate; buyers should independently verify all information. The provided survey and lot sketch are for reference only and may require updates. Asking price: $825,000. Fee simple ownership.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pearland
    County
    Brazoria
    State
    Texas
    Longitude
    -95.2407
    Latitude
    29.5225
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2018
    $0.00
    $0.00
    $518,410
    $518,410
    -
    $0.00
    $518,410
    $518,410

    Comparable in this City

    • Value Estimation by Request
      1.05 Acres

      3135 John Lizer Rd

      Land • 1.05 Acres
      3135 John Lizer Rd, Pearland, TX 77581
      View Details
    • Value Estimation by Request
      1 SF

      Swc Bw 8 & Pearland Pkwy

      Land • 1 SF
      0 Swc Bw 8 & Pearland Pkwy, Pearland, TX 77581
      View Details
    • Value Estimation by Request
      1.50 Acres

      1001 Broadway St

      COMMERCIAL (GENERAL) • 1.50 Acres
      1001 Broadway St, Pearland, TX 77581-6344
      View Details
    • Value Estimation by Request
      0.15 Acres

      4118 Broadway St

      COMMERCIAL (GENERAL) • 0.15 Acres
      4118 Broadway St, Pearland, TX 77581-4116
      View Details
    • Value Estimation by Request
      1.00 Acre

      6129 Brookside Rd

      COMMERCIAL (GENERAL) • 1.00 Acre
      6129 Brookside Rd, Pearland, TX 77581-2043
      View Details
    • Value Estimation by Request
      1.12 Acres

      6214 Bui Dr

      COMMERCIAL (GENERAL) • 1.12 Acres
      6214 Bui Dr, Pearland, TX 77581-7113
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3.20 Acres

      Pearland Plaza: Prime Commercial Land

      3.2 Acres, High Traffic, Development Ready
      7713 Broadway St, Pearland, TX 77581
      View Details
    • Contact for pricing
      2.18 Acres

      Prime Office Space - NY/NJ Border

      1230 sq ft, 3+ offices, great location
      1636 Max Rd, Pearland, TX 77581
      View Details
    • $205,000

      Prime Pearland Commercial Land

      17,707 SF Lot, Ready to Build
      3344 Walnut St, Pearland, TX 77581
      View Details
    • Contact for pricing
      1.05 Acres

      Pearland Parkway Commercial Land

      1.05-Acre Lot, Prime Location
      3135 John Lizer Rd, Pearland, TX 77581
      View Details
    • $1,600,000
      4.66 Acres

      Prime Pearland Commercial Land

      4.66 Acres, Business Commercial Zoning
      5909 Broadway St, Pearland, TX 77581
      View Details
    • $2,750,000
      2.93 Acres

      Prime Pearland Restaurant - 2.9 Acres

      Established restaurant, turnkey operation, high traffic location
      1134 Main St, Pearland, TX 77581
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,543 SF

      Pearland Medical Office Sublease

      Turnkey pediatric clinic sublease in Pearland's medical corridor.
      1416 East Broadway St, Pearland, TX 77581
      View Details
    • $18 SF/Yr
      1,240 SF

      Retail Space Available For Lease

      Retail space available for lease in Pearland, Texas.
      6601 Broadway St, Pearland, TX 77581
      View Details
    • Contact for pricing
      56,320 SF

      Prime Pearland Medical Office Space

      Exceptional medical office suites in thriving Pearland.
      & Beltway 8 Sec Pearland Pkwy, Pearland, TX 77581
      View Details
    • $18 SF/Yr
      1,880 SF

      Retail Space in Pearland, TX

      Retail space available for lease in Pearland, Texas.
      5203 Broadway St, Pearland, TX 77581
      View Details
    • Contact for pricing
      14,000 SF

      Pearland Industrial Space Available

      Industrial property with 14,000 square feet available for rent.
      1613 N Main St, Pearland, TX 77581
      View Details
    • Contact for pricing
      1,350 SF

      Retail Space in Orchard Plaza

      Retail space in Pearland, near Kroger and Sprouts.
      8201 Broadway St, Pearland, TX 77581
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1637 County Rd 130
    Pearland, TX 77581
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.