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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Office buildings
1506 Broadway St Pearland, TX 77581-5838
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US82-2216267
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Total area
12,149 SF
Lot
0.87 ac (37,897 SF)
APN
5410-0031-110
UPID
US82-2216267
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. Albert F. Furtado, DDS Dental Office
-
Victory Health Texas Medical Clinic
-
Southern Star Building - Pearland Roofing Company Roofing Company General Contractor
-
lifestyles-realty.com Real Estate Agency
-
Garcia & Associates Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$822k
Blend (final)
Blend
$680k
Owner & transaction history
4 Corners Management Group LLC · 6 yrs held
4 Corners Management Group LLC
since 2020
6 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 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
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,065,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$56 / 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
Tax billed
$31,569
Tax year 2018
Assessed value
$1,274,960
Assessed 2023
Previous assessed
$1,274,960
+0.0% YoY
Effective rate
2.48%
On assessed value
Assessed land
$246,330
Assessed improvement
$1,028,630
Land market value
$246,330
Improvement market value
$1,028,630
Total market value
$1,274,960
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1978
Heating
PACKAGE
Cooling
CENTRAL
Rooms
12
Total area
12,149 SF
Lot
0.87 ac (37,897 SF)
APN
5410-0031-110
UPID
US82-2216267
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
MEDICAL BUILDING
Est. value
$1.1M
MEDICAL BUILDING
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
1978
Heating
PACKAGE
Cooling
Yes
Rooms
12
Lot
0.87 ac
Current owner
From public records · entity-resolved
4 Corners Management Group LLC
Entity
Mailing address
PO BOX 1596, FRIENDSWOOD, TX 77549-1596
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2025
—
4 Corners Management Group LLC
—
Deed
related
$150,000 · Hometown Bank NA
Jul 14, 2020
—
4 Corners Management Group LLC
Kmea Partners LP
Venders Lien
$1,042,468 · Five Points Bank Of Hastings
Nov 3, 2005
—
Kmea Partners
—
Trustees Deed
related
$50,000 · Right Bank For Texas NA
—
—
Kmea Partners LP
—
Deed Of Trust
related
—
—
—
Kmea Partners LP
—
Deed Of Trust
related
$1,000,000 · Zions First National Bank
—
—
Kmea Partners
—
Deed Of Trust
related
$50,000 · Right Bank For Texas NA
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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