New search
Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Banks
2651 Pearland Pkwy, Pearland, TX 77581-5349
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-9539004
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2012
Total area
7,962 SF
Lot
1.54 ac (67,056 SF)
APN
5172-0001-001
UPID
US82-9539004
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
-
HomeTown Bank of Pearland Bank Loan Service
-
Edward Jones - Financial Advisor: Charlie Rizzo, AAMS® Financial Advisor
-
Carpet & Flooring Installation Pro General Contractor Carpet & Flooring Store
-
Carbone & Allison, LLP - CPAs Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$675k
Blend (final)
Blend
$610k
Owner & transaction history
Realvest Capital Fund X LLC · 5 yrs held
Realvest Capital Fund X LLC
since 2020
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+23.6%
Restaurant
$965,000
+19.0%
Office building
$870,000
+7.0%
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
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$815,000
Current use
AUTO REPAIR, GARAGE
$1,005,000
Change: +24% · Conversion: Difficult
RESTAURANT
$965,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$870,000
Change: +7% · Conversion: Difficult
MEDICAL BUILDING
$695,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$77 / 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
$72,485
Tax year 2018
Assessed value
$2,702,740
Assessed 2023
Previous assessed
$2,250,000
+20.1% YoY
Effective rate
2.68%
On assessed value
Assessed land
$697,390
Assessed improvement
$2,005,350
Land market value
$697,390
Improvement market value
$2,005,350
Total market value
$2,702,740
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2012
Heating
PACKAGE
Total area
7,962 SF
Lot
1.54 ac (67,056 SF)
APN
5172-0001-001
UPID
US82-9539004
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
FINANCIAL BUILDING Current
Est. value
$815,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
RESTAURANT
Est. value
$965,000
OFFICE BUILDING
Est. value
$870,000
MEDICAL BUILDING
Est. value
$695,000
FINANCIAL BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
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
2012
Heating
PACKAGE
Lot
1.54 ac
Current owner
From public records · entity-resolved
Realvest Capital Fund X LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1801 45TH ST, GALVESTON, TX 77550-6542
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2021
—
Realvest Capital Fund Vii LLC
—
Deed
related
$309,886 · Hometown Bk
Sep 21, 2020
—
Realvest Capital Fund X LLC
Alfred A JR
Warranty Deed
related
—
—
—
Realvest Capital Fund Vii LLC
—
Loan Modification
related
$309,886 · Hometown 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2651 Pearland Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
