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Property profile & analytics
FOR LEASE
Community centers
1510 Broadway St Pearland, TX 77581
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US82-3199760
For Lease
$18.50 SF/Yr
1510 Broadway St, Pearland, TX 77581
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Property summary
AI-generated overview
This exceptional 8,000 square foot retail center, constructed in 2002, presents a compelling investment opportunity in Pearland, Brazoria County. Strategically located at 1510 Broadway Street, near Dixie Farm Road, this multi-tenant property boasts a prime location anchored by a Home Depot. Currently, the center houses a diverse mix of established businesses including Edward Jones, GameStop, Marco's Pizza, and Viet's Cafe. One retail space of 1,800 square feet is currently available, offering significant potential for expansion or new tenancy. The property's strong tenant roster and convenient location contribute to its high occupancy rate and consistent cash flow. This well-maintained retail center provides an excellent opportunity for investors seeking a stable and profitable addition to their portfolio. The property's established tenant base and desirable location in a thriving community make it an attractive investment prospect. Further details and aerial imagery are available upon request.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2001
Total area
8,000 SF
Lot
0.88 ac (38,498 SF)
APN
5165-0001-001
UPID
US82-3199760
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
-
T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Edward Jones - Financial Advisor: Jessica Babcock Financial Advisor
-
TeaTime Pearland Cafe & Coffee Shop
-
Foot Massage Alternative Medicine Practice Spa & Massage Center
-
GameStop Arcade & Gaming Center Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$509k
Blend (final)
Blend
$510k
Owner & transaction history
Dockside Threading INC · 13 yrs held
Dockside Threading INC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$700,000
+82.7%
Retail stores
$620,000
+62.0%
Warehouse, storage
$600,000
+56.4%
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
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$385,000
Current use
MEDICAL BUILDING
$700,000
Change: +83% · Conversion: Difficult
RETAIL STORES
$620,000
Change: +62% · Conversion: Easy
WAREHOUSE, STORAGE
$600,000
Change: +56% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
Tax billed
$35,867
Tax year 2018
Assessed value
$2,218,810
Assessed 2023
Previous assessed
$2,218,810
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$300,280
Assessed improvement
$1,918,530
Land market value
$300,280
Improvement market value
$1,918,530
Total market value
$2,218,810
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
2001
Heating
PACKAGE
Total area
8,000 SF
Lot
0.88 ac (38,498 SF)
APN
5165-0001-001
UPID
US82-3199760
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
$385,000
MEDICAL BUILDING
Est. value
$700,000
RETAIL STORES
Est. value
$620,000
WAREHOUSE, STORAGE
Est. value
$600,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
2001
Heating
PACKAGE
Lot
0.88 ac
Current owner
From public records · entity-resolved
Dockside Threading INC
Entity
Mailing address
11111 KATY FWY STE #535, HOUSTON, TX 77079-2110
Ownership since
2012
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
Apr 12, 2019
—
Dockside Threading INC
—
Grant Deed
related
$14,660,000 · First United Bk
Mar 28, 2019
—
Dockside Threading INC
—
Deed
related
$12,116,650 · First United Bk
Dec 21, 2012
—
Dockside Threading INC
Pearland Broadway Center LLC
Trustees Deed
$15,000,000 · Bank Of America
Feb 11, 2011
—
Wcorp Pearland LLC
W Corp INC
Grant Deed
related
—
Jun 27, 2003
—
Pearland Broadway Center LLC
Pearland Center Ltd
Quit Claim Deed
related
$1,050,000 · Stancorp Mortgage Investors
—
—
Dockside Threading INC
—
Deed Of Trust
related
$12,116,650 · First United Bk
—
—
Pearland Broadway Center LLC
—
Deed Of Trust
related
$1,000,000 · Frost National 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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