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Property profile & analytics
OFF-MARKET
Estimated value
$46,780,000
Apartment buildings
2 Stadium Dr Sugar Land, TX 77498-1840
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-9478225
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2013
Total area
260,269 SF
Lot
8.53 ac (371,610 SF)
APN
0032-00-000-2056-907
UPID
US82-9478225
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
-
Imperial Lofts Apartment Building
-
Houston Sod Company Garden Center Landscaping
-
360 Photo Booth Houston,Tx Photography Service Party Supply Store
-
Don Victor Apartment Building
-
Red Chili Web Design Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$48.45M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$46.78M
Owner & transaction history
Imperial Lofts Owner LLC · 7 yrs held
Imperial Lofts Owner LLC
since 2019
5 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 Sugar Land submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sugar Land 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
by Request
CAP Approach
CAP Return
Estimation
6%
$52,485,000
6.5%
$48,450,000
7%
$44,990,000
Blend value · Realmo final
$46.78M
Range $42.10M – $51.46M · ±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
$180 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$829,977
Tax year 2023
Assessed value
$45,500,000
Assessed 2024
Previous assessed
$46,677,745
-2.5% YoY
Effective rate
1.82%
On assessed value
Assessed land
$1,969,723
Assessed improvement
$43,530,277
Land market value
$1,969,723
Improvement market value
$43,530,277
Total market value
$45,500,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2013
Heating
CENTRAL
Cooling
CENTRAL
Total area
260,269 SF
Lot
8.53 ac (371,610 SF)
APN
0032-00-000-2056-907
UPID
US82-9478225
Jurisdiction
FORT BEND
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
2013
Heating
CENTRAL
Cooling
Yes
Lot
8.53 ac
Current owner
From public records · entity-resolved
Imperial Lofts Owner LLC
Entity
Free & Clear · 7 yrs held
Mailing address
2020 W 89TH ST STE #320, LEAWOOD, KS 66206-1961
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Jun 12, 2019
—
Imperial Lofts Owner LLC
—
Correction Deed
related
$35,323,000 · Northmarq Cap
Jun 7, 2019
—
Imperial Lofts Owner LLC
Imperial Lofts LLC
Quit Claim Deed
related
—
Feb 19, 2019
—
Imperial Lofts LLC
Imperial Lofts II LLC
Quit Claim Deed
related
—
Feb 1, 2018
—
Imperial Lofts LLC
Sueba Dev 122 LP
Trustees Deed
$200,000,000 · Federal Hm Ln Mtg
Mar 21, 2017
—
Sueba Dev 122 LP
—
Loan Modification
related
$22,727,284 · Amegy 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.
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