Back to Search
Property profile & analytics
OFF-MARKET
Medical Office Space
13615 Bellaire Blvd Houston, TX 77083-1714
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US83-3941138
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1985
Construction
BRICK
Total area
2,408 SF
Lot
0.96 ac (42,022 SF)
APN
1165200000001
UPID
US83-3941138
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
-
Dr. Irene Chu Physician
-
Nicole Nhu Lan Pham Physician
-
Vision Rehabilitation & Research Physician
-
Stubinski Megan K OD Physician
-
Vision Source Mission Eye Care Center Optician
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
Bruce C Wick · 1 yrs held
Bruce C Wick
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
$13,195
Tax year 2022
Assessed value
$1,781,546
Assessed 2024
Previous assessed
$1,851,569
-3.8% YoY
Effective rate
0.74%
On assessed value
Assessed land
$525,275
Assessed improvement
$1,256,271
Land market value
$525,275
Improvement market value
$1,256,271
Total market value
$1,781,546
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1985
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
2,408 SF
Lot
0.96 ac (42,022 SF)
APN
1165200000001
UPID
US83-3941138
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
1985
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
Bruce C Wick
Individual
Mailing address
13615 BELLAIRE BLVD, HOUSTON, TX 77083-1714
Mailing matches property
Yes
Owner-occupied
Yes
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
Aug 7, 2024
—
Bruce C Wick
B & S Volcano Tea Corporation
Warranty Deed
—
Aug 5, 2019
—
Quyen Truong Co LLC
Sonny Tran Co LLC
Quit Claim Deed
related
—
Dec 11, 2017
—
B & S Volcano Tea Corp
—
Deed
related
$675,000 · Prosperity Bk
Sep 20, 2016
—
B & S Volcano Tea Corp
Wick,bruce C
Warranty Deed
related
—
Aug 1, 2003
—
Bruce C Wick
Wick,bruce C
Quit Claim Deed
related
$737,600 · Bank Of America
—
—
Bruce C Wick
—
Deed Of Trust
related
$207,000 · Bank Of America
—
—
Sonny Tran Co LLC
—
Deed Of Trust
related
$2,000,000 · Metrobank
—
—
Bruce C Wick
—
Deed Of Trust
related
$405,000 · Bank Of America
—
—
Vision Source-copperfield Pa
—
Deed Of Trust
related
$992,035 · Bank Of America
—
—
Bruce C Wick
—
Deed Of Trust
related
$415,151 · Tradition Bank
—
—
B & S Volcano Tea Corp
—
Deed Of Trust
related
$675,000 · Prosperity Bk
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 13615 Bellaire Blvd?
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.
