Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2625 Hillhouse Rd Pearland, TX 77584

    • Commercial real estate
    • 400 SF
    • 6.92 lot acres
    For Sale
    View listing
    $1,800,000
    Last Sale
    Jun 01, 2022
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3901720
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2625 Hillhouse Rd

    Year built
    1958
    Lot size
    6.92 lot acres
    Property size
    400 SF
    Property type
    Commercial real estate
    APN
    0506-0048-000
    APU
    5060048000

    Description

    This exceptional 6.75-acre commercial land parcel presents a remarkable investment opportunity in Pearland, Texas. Located in Brazoria County at 2625 Hillhouse Road, 77584, this property boasts 350 feet of frontage on Hillhouse Road and enjoys a strategic location near the intersection of Broadway and Cullen Parkway. Its central position between State Highway 288 and 35 offers unparalleled accessibility. The land is zoned commercial and benefits from readily available city utilities. A detailed survey is available for review. The asking price is $1,800,000, translating to a land value of $6.15 per square foot. This property's size, location, and infrastructure make it ideal for a variety of commercial developments. Don't miss this chance to acquire a highly desirable tract in a thriving Texas market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $355,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pearland
    County
    Brazoria
    State
    Texas
    Longitude
    -95.3543
    Latitude
    29.5614
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2018
    $14,727
    $939,880
    $0.00
    $939,880
    -
    $939,880
    $0.00
    $939,880

    Comparable in this City

    • Value Estimation by Request
      6.70 Acres

      2249 Enterprise Blvd

      Land • 6.70 Acres
      2249 Enterprise Blvd, Pearland, TX 77584
      View Details
    • Value Estimation by Request
      10.00 Acres

      County Road 94

      Land • 10.00 Acres
      0 County Road 94, Pearland, TX 77584
      View Details
    • Value Estimation
      $270,000
      3.09 Acres

      County Rd 94

      COMMERCIAL (GENERAL) • 3.09 Acres
      County Rd 94, Pearland, TX 77584
      View Details
    • Value Estimation by Request

      Crystal Lk Cir

      COMMERCIAL (GENERAL)
      Crystal Lk Cir, Pearland, TX 77584
      View Details
    • Value Estimation by Request
      57.28 Acres

      Cullen Blvd

      COMMERCIAL (GENERAL) • 57.28 Acres
      Cullen Blvd, Pearland, TX 77584
      View Details
    • Value Estimation
      $275,000
      0.36 Acres

      9913 Excaliburs Ct

      COMMERCIAL (GENERAL) • 0.36 Acres
      9913 Excaliburs Ct, Pearland, TX 77584-8534
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      20.63 Acres

      Shadow Creek Ranch Land

      20+ Acres, Prime Pearland Location
      0 State Highway 288, Pearland, TX 77584
      View Details
    • Contact for pricing
      6.70 Acres

      Pearland Commercial Land - 6.7 Acres

      Shovel-ready land, prime Pearland location.
      2249 Enterprise Blvd, Pearland, TX 77584
      View Details
    • Contact for pricing
      10.00 Acres

      Pearland Commercial Land - 10 Acres

      Prime 10-acre commercial lot near Pearland Town Center.
      0 Business Center Dr, Pearland, TX 77584
      View Details
    • Contact for pricing
      6.35 Acres

      Shadow Creek Parkway Commercial Land

      6.35 Acres, Prime Commercial Location
      0 Nec Shadow Crk Pkwy, Pearland, TX 77584
      View Details
    • $2,400,000
      6.09 Acres

      Pearland Land: 6 Acres for Sale

      Prime Pearland acreage, exceptional development potential.
      3618 Manvel Rd, Pearland, TX 77584
      View Details
    • Contact for pricing
      10.00 Acres

      Prime Pearland Commercial Land

      10 Acres, Brazoria County, TX
      0 County Road 94, Pearland, TX 77584
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      3,600 SF

      Pearland Medical Office Suites

      Flexible Suites, Prime Pearland Location
      3129 Kingsley Dr, Pearland, TX 77584
      View Details
    • $23 SF/Yr
      100,000 SF

      Pearland Medical Office Space

      Class A medical suites, prime location.
      10907 Memorial Hermann Dr, Pearland, TX 77584
      View Details
    • Contact for pricing
      14,789 SF

      Sedona Lakes Plaza Retail Space

      Manvel retail space, multiple tenants, high growth area.
      10237 Bailey Rd, Pearland, TX 77584
      View Details
    • Contact for pricing

      Commercial Land Near Houston Port

      Commercial land for rent near major Houston landmarks.
      3311 Silverlake Village Dr, Pearland, TX 77584
      View Details
    • $21 SF/Yr
      6,173 SF

      Pearland Medical Office Space for Lease

      Prime Medical Office: 2,078 SF Available
      12234 Shadow Creek Pkwy, Pearland, TX 77584
      View Details
    • $22 SF/Yr
      13,726 SF

      Pearland Executive Office Suites

      Prime Pearland location, flexible office spaces.
      11200 Fl, Pearland, TX 77584
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2625 Hillhouse Rd
    Pearland, TX 77584
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.