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Property profile & analytics
FOR LEASE
Community centers
11711 Shadow Creek Pkwy Pearland, TX 77584
Entity Owned
6-yr Hold
Free & Clear
Property ID
US83-3816735
For Lease
$700,000
11711 Shadow Creek Pkwy, Pearland, TX 77584
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2002
Total area
10,950 SF
Lot
2.63 ac (114,458 SF)
APN
7505-1901-000
UPID
US83-3816735
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
-
Farmers Insurance - John LeBlanc Insurance Agency
-
Bet Cleaners (Bike/Boat/Book/etc) Store
-
Shadow Creek Ranch Home & Info Real Estate Agency
-
SKY MRI, MAMMOGRAPHY & DIAGNOSTICS - PEARLAND Medical Clinic
-
Premier Performance Physical Therapy Of Oakbend Medical Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$602k
Blend (final)
Blend
$700k
Owner & transaction history
Fountainebleau Holdings LLC · 6 yrs held
Fountainebleau Holdings LLC
since 2020
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+134.4%
Warehouse, storage
$725,000
+55.0%
Office building
$645,000
+38.2%
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 Pearland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pearland 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
Method
Estimation
Statistic approach
by Request
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$470,000
Current use
AUTO REPAIR, GARAGE
$1,095,000
Change: +134% · Conversion: Difficult
WAREHOUSE, STORAGE
$725,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$645,000
Change: +38% · Conversion: Moderate
MEDICAL BUILDING
$610,000
Change: +31% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$480,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$64 / SF
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 2018Property tax & assessments
Tax year 2018
Assessed value
$4,911,000
Assessed 2023
Previous assessed
$4,070,460
+20.6% YoY
Assessed land
$2,380,730
Assessed improvement
$2,530,270
Land market value
$2,380,730
Improvement market value
$2,530,270
Total market value
$4,911,000
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
2002
Heating
PACKAGE
Buildings
2
Stories
2
Total area
10,950 SF
Lot
2.63 ac (114,458 SF)
APN
7505-1901-000
UPID
US83-3816735
Jurisdiction
BRAZORIA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$470,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$725,000
OFFICE BUILDING
Est. value
$645,000
MEDICAL BUILDING
Est. value
$610,000
INDUSTRIAL (GENERAL)
Est. value
$480,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
OFFICE BUILDING
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
PACKAGE
Stories
2
Buildings
2
Lot
2.63 ac
Current owner
From public records · entity-resolved
Fountainebleau Holdings LLC
Entity
Free & Clear · 6 yrs held
Mailing address
10505 TOWN AND COUNTRY WAY UNIT #19869, HOUSTON, TX 77224-0146
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2020
—
Fountainebleau Holdings LLC
Kaza IV Ltd
Special Warranty Deed
—
Dec 6, 2012
—
Kaza IV Ltd
Scl Realty Investment INC
Grant Deed
$3,425,000 · Miscellaneous Ins Co
Oct 21, 2005
—
Scl Realty Investment INC
Kirby Crossing LLC
Warranty Deed
$2,100,000 · Cathay Bank
—
—
Scl Realty Investment INC
—
Deed Of Trust
related
$1,915,635 · Golden 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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