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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Warehouses
1525 Main St, Pearland, TX 77581-2821
Entity Owned
12-yr Hold
Free & Clear
Property ID
US82-3624984
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1986
Total area
5,062 SF
Lot
5.19 ac (226,098 SF)
APN
0542-0036-110
UPID
US82-3624984
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
-
CubeSmart Self Storage Storage Facility
-
Precision Services Electrical Service General Contractor
-
Ogre Sprinkler Landscaping General Contractor
-
BQB Constructon, LLC Construction Company
-
Texas Concrete Restoration Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$490k
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$516k
Blend (final)
Blend
$505k
Owner & transaction history
Cube Hhf LP · 12 yrs held
Cube Hhf LP
since 2013
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$640,000
+68.5%
Restaurant
$615,000
+62.1%
Office building
$555,000
+45.8%
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
$490,000
CAP Approach
CAP Return
Estimation
6%
$715,000
6.5%
$660,000
7%
$610,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$380,000
Current use
AUTO REPAIR, GARAGE
$640,000
Change: +68% · Conversion: Easy
RESTAURANT
$615,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$555,000
Change: +46% · Conversion: Difficult
MEDICAL BUILDING
$445,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$395,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$100 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$132,806
Tax year 2024
Assessed value
$5,903,000
Assessed 2024
Previous assessed
$5,978,390
-1.3% YoY
Effective rate
2.25%
On assessed value
Assessed land
$840,970
Assessed improvement
$5,062,030
Land market value
$840,970
Improvement market value
$5,062,030
Total market value
$5,903,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1986
Heating
PACKAGE
Cooling
CENTRAL
Buildings
14
Rooms
60
Total area
5,062 SF
Lot
5.19 ac (226,098 SF)
APN
0542-0036-110
UPID
US82-3624984
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
WAREHOUSE, STORAGE Current
Est. value
$380,000
AUTO REPAIR, GARAGE
Est. value
$640,000
RESTAURANT
Est. value
$615,000
OFFICE BUILDING
Est. value
$555,000
MEDICAL BUILDING
Est. value
$445,000
RETAIL STORES
Est. value
$395,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
1986
Heating
PACKAGE
Cooling
Yes
Buildings
14
Rooms
60
Lot
5.19 ac
Current owner
From public records · entity-resolved
Cube Hhf LP
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 320099, ALEXANDRIA, VA 22320-4099
Ownership since
2013
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
Jan 22, 2021
—
Cube Imf Unified Ptshp
—
Deed
related
$105,000,000 · Miscellaneous Ins Co
Dec 11, 2013
—
Cube Hhf LP
Pmsv Telephone LP
Grant Deed
—
Dec 2, 2005
—
Telephone Pmsv
Pearland Mini-storage Ltd
Grant Deed
related
—
—
—
Cube Imf Unified Ptshp
—
Deed Of Trust
related
$105,000,000 · Miscellaneous Ins Co
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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