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Property profile & analytics
OFF-MARKET
Strip malls
11131 Eldridge Pkwy Houston, TX 77065-3419
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3043421
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Construction
CONCRETE BLOCKS
Total area
13,908 SF
Lot
1.27 ac (55,330 SF)
APN
1230600010019
UPID
US82-3043421
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
-
Prime Time BarberShop Barber Shop
-
4T Nails & Spa Nail Salon
-
North Eldridge Washateria (Bike/Boat/Book/etc) Store
-
Karma Kolache Bakery Discount Store
-
Smart Daddy’s Pizza & Mexican Food 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
North Eldridge Plaza LLC · 1 yrs held
North Eldridge Plaza LLC
since 2024
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 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
$7,533
Tax year 2022
Assessed value
$1,168,528
Assessed 2024
Previous assessed
$1,096,426
+6.6% YoY
Effective rate
0.64%
On assessed value
Assessed land
$331,968
Assessed improvement
$836,560
Land market value
$331,968
Improvement market value
$836,560
Total market value
$1,168,528
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2004
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
13,908 SF
Lot
1.27 ac (55,330 SF)
APN
1230600010019
UPID
US82-3043421
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
2004
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
1.27 ac
Current owner
From public records · entity-resolved
North Eldridge Plaza LLC
Entity
Mailing address
10503 N TIMBEROAK DR STE #100, HOUSTON, TX 77043-2803
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2024
—
North Eldridge Plaza LLC
Seung G NA
Venders Lien
$1,400,000 · Community Resource Cu
May 26, 2010
—
11125 Car-wash Partners LLC
NA,seung & Eun S
Warranty Deed
$500,000 · Wilshire State Bank
—
—
NA Seung G
—
Loan Modification
related
$400,000 · Wells Fargo Bk
—
—
NA Seung
—
Loan Modification
related
$800,000 · Wells Fargo Bk
—
—
Seung NA
—
Deed Of Trust
related
$743,096 · American First National Bank
—
—
Seung NA
—
Loan Modification
related
$800,000 · Wells Fargo Bank
—
—
Seung NA
—
Loan Modification
related
$800,000 · Wells Fargo Bank
—
—
Seung NA
—
Loan Modification
related
$400,000 · Wells Fargo Bank
—
—
Seung NA
—
Deed Of Trust
related
$800,000 · Wells Fargo Bank
—
—
Seung Gil NA
—
Deed Of Trust
related
$400,000 · Wells Fargo Bank
—
—
Seung NA
—
Deed Of Trust
related
$800,000 · Wells Fargo 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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