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Property profile & analytics
OFF-MARKET
Office buildings
2400 Texas Ave Pearland, TX 77581-4123
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-7935238
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Total area
3,500 SF
Lot
0.12 ac (5,048 SF)
APN
7025-0240-110
UPID
US82-7935238
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tai Tri Pham · 1 yrs held
Tai Tri Pham
since 2024
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,707
Tax year 2018
Assessed value
$262,640
Assessed 2023
Previous assessed
$262,640
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$39,370
Assessed improvement
$223,270
Land market value
$39,370
Improvement market value
$223,270
Total market value
$262,640
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
1983
Heating
PACKAGE
Cooling
CENTRAL
Rooms
12
Total area
3,500 SF
Lot
0.12 ac (5,048 SF)
APN
7025-0240-110
UPID
US82-7935238
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
Building & site characteristics
From public records
Year built
1983
Heating
PACKAGE
Cooling
Yes
Rooms
12
Lot
0.12 ac
Current owner
From public records · entity-resolved
Tai Tri Pham
Individual
Mailing address
2006 SCHULTE LN, FRIENDSWOOD, TX 77546-6115
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Oct 29, 2024
—
Tai Tri Pham
Texas Avenue Real Estate Holdings L
Deed
$405,000 · A & C Lending LLC
Jan 4, 2021
—
Texas Ave R & E Hldgs LLC
Herman L JR
Warranty Deed
related
—
Apr 16, 2014
—
Texas Avenue Real Estate Holdi
Jones,jeffrey W & Karen C
Warranty Deed
—
Sep 19, 2006
—
Jeffrey W Jones
Bittick,peggy
Grant Deed
related
—
Aug 1, 2005
—
Peggy S Bittick
Kenny,jeanne A
Grant Deed
—
Jun 1, 2005
—
Jeanne A Kenny
Bittick,peggy S
Grant Deed
—
May 20, 2005
—
Peggy S Bittick
Kenny,jeanne A
Grant Deed
$210,000 · Del Mar Capital INC
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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