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Property profile & analytics
OFF-MARKET
Strip malls
12320 Bellaire Blvd Houston, TX 77072-2265
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3348850
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1984
Construction
FRAME
Total area
23,100 SF
Lot
0.58 ac (25,439 SF)
APN
111360000170
UPID
US82-3348850
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
-
Mattress 1 Wholesale Big Box & Wholesale Store Furniture & Home Goods
-
Thanh Son-Hien Khanh Tax Preparation
-
Alief Alamo Plaza Shopping Center & Mall
-
South West Tax Accounting Firm Tax Preparation
-
T1 Computer warehouse Arcade & Gaming Center Family Recreation Center
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
Bnjd Limited Liability Company · 3 yrs held
Bnjd Limited Liability Company
since 2022
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
$21,268
Tax year 2022
Assessed value
$1,839,336
Assessed 2024
Previous assessed
$1,854,982
-0.8% YoY
Effective rate
1.16%
On assessed value
Assessed land
$317,988
Assessed improvement
$1,521,348
Land market value
$317,988
Improvement market value
$1,521,348
Total market value
$1,839,336
Applied tax rate
8.0000
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
1984
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
23,100 SF
Lot
0.58 ac (25,439 SF)
APN
111360000170
UPID
US82-3348850
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
1984
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Bnjd Limited Liability Company
Entity
Mailing address
3326 OAK TREE CT, SUGAR LAND, TX 77479-2494
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2022
—
Bnjd Limited Liability Company
G B L Development Group LP
Venders Lien
$800,000 · Comerica Bank
Oct 1, 2012
—
Gbl Dev Group LP
—
Deed Of Trust
related
$2,100,000 · Texas Capital Bank NA
Aug 16, 2004
—
Gbl Dev Group
Dangs Ents INC
Warranty Deed
$2,700,000 · Sterling Bank
—
—
Gbl Dev Group
—
Deed Of Trust
related
$2,400,000 · Encore Bank
—
—
Gbl Dev Group LP
—
Loan Modification
related
$1,761,713 · Texas Cap Bk
—
—
Gbl Dev Group LP
—
Deed Of Trust
related
$2,180,071 · Encore Bank
—
—
Gbl Dev Group LP
—
Deed Of Trust
related
$2,400,000 · Encore 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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