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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Community centers
1816 Pearland Pkwy Pearland, TX 77581-5100
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-1509970
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2014
Total area
9,520 SF
Lot
1.08 ac (47,167 SF)
APN
4883-0001-002
UPID
US82-1509970
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
-
Sunlight Dental Group Dental Office
-
Ruby nails Nail Salon
-
Inner Fire Martial Arts Sports School
-
Dr. Vince Nguyen Dental Office
-
The Recovery Room Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$606k
Blend (final)
Blend
$580k
Owner & transaction history
4068 Avalon LLC · 4 yrs held
4068 Avalon LLC
since 2022
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$835,000
+82.7%
Retail stores
$740,000
+62.0%
Warehouse, storage
$715,000
+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
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$455,000
Current use
MEDICAL BUILDING
$835,000
Change: +83% · Conversion: Difficult
RETAIL STORES
$740,000
Change: +62% · Conversion: Easy
WAREHOUSE, STORAGE
$715,000
Change: +56% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$61 / 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
$34,588
Tax year 2018
Assessed value
$2,640,370
Assessed 2023
Previous assessed
$1,756,690
+50.3% YoY
Effective rate
1.31%
On assessed value
Assessed land
$367,900
Assessed improvement
$2,272,470
Land market value
$367,900
Improvement market value
$2,272,470
Total market value
$2,640,370
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
Off-Market
Year built
2014
Heating
PACKAGE
Total area
9,520 SF
Lot
1.08 ac (47,167 SF)
APN
4883-0001-002
UPID
US82-1509970
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
$455,000
MEDICAL BUILDING
Est. value
$835,000
RETAIL STORES
Est. value
$740,000
WAREHOUSE, STORAGE
Est. value
$715,000
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
2014
Heating
PACKAGE
Lot
1.08 ac
Current owner
From public records · entity-resolved
4068 Avalon LLC
Entity
Mailing address
2960 TERRAZA PL, FULLERTON, CA 92835-2411
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2022
—
4068 Avalon LLC
Dhanani Real Estate Holdings Lcl
Special Warranty Deed
$1,828,880 · Bank Of The West
Dec 20, 2019
—
Dhanani Real Estate Holdings LLC
—
Deed
related
$1,750,000 · Independent Bank
Dec 20, 2013
—
Houston Gymkhana LLC
Frost Bk
Grant Deed
related
—
Feb 2, 2011
$825,000
Frost Natl Bk
Cuellar James E
Trustees Deed
related
—
Oct 5, 2010
—
Mehendi Maknojia
Peterson Pearland Parkway Invt
Warranty Deed
related
—
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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