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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2720 Nasa Pkwy, Unit 61 Seabrook, TX 77586-3219

    • Hotels
    • 32,150 SF
    • 1.81 lot acres
    OFF-MARKET
    Value Estimations
    $655,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-2917043
    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

    • Hotels

    Property Details for 2720 Nasa Pkwy

    Year built
    1996
    Construction
    BRICK
    Lot size
    1.81 lot acres
    Property size
    32,150 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    410080090303
    APU
    410080090303

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $790,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $523,000
      Market price range: $408k - $1.07M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $710,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Seabrook
    County
    Harris
    State
    Texas
    Longitude
    -95.0367
    Latitude
    29.5608
    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
    2022
    $17,365
    $630,648
    $1,205,545
    $1,836,193
    -
    $630,648
    $1,205,545
    $1,836,193

    Comparable in this City

    • Value Estimation
      $1,035,000
      41,236 SF

      2900 Nasa Pkwy Ste, Unit 290

      HOTEL/MOTEL • 41,236 SF
      2900 Nasa Pkwy Ste, Seabrook, TX 77586-3254
      View Details
    • Value Estimation
      $1,070,000
      53,480 SF

      2710 Nasa Pkwy, Unit 80

      HOTEL/MOTEL • 53,480 SF
      2710 Nasa Pkwy, Seabrook, TX 77586-3219
      View Details
    • Value Estimation
      $960,000
      56,130 SF

      2100 Nasa Pkwy Ste, Unit 202

      HOTEL/MOTEL • 56,130 SF
      2100 Nasa Pkwy Ste, Seabrook, TX 77586-3490
      View Details
    • Value Estimation by Request
      1,501 SF

      1113 Hall Ave

      HOTEL/MOTEL • 1,501 SF
      1113 Hall Ave, Seabrook, TX 77586-3825
      View Details
    • Value Estimation
      $540,000
      32,745 SF

      2901 Nasa Pkwy, Unit 49

      HOTEL/MOTEL • 32,745 SF
      2901 Nasa Pkwy, Seabrook, TX 77586-3216
      View Details
    • Value Estimation
      $600,000
      36,284 SF

      3636 Nasa Pkwy, Unit 54

      HOTEL/MOTEL • 36,284 SF
      3636 Nasa Pkwy, Seabrook, TX 77586-6312
      View Details

    Similar Nearby for Sale

    • $781,625

      Seabrook Commercial Land - Hwy 146

      Prime Seabrook land, Hwy 146 frontage.
      2818 Highway 146, Seabrook, TX 77586
      View Details
    • Contact for pricing
      11.07 Acres

      Seabrook Plaza Waterfront Land

      11+ Acres, Clear Lake Development
      3345 Nasa Rd 1, Seabrook, TX 77586
      View Details
    • $144,900

      Waterfront Condo in Seabrook

      Charming 2-bedroom condo with community amenities and waterfront access.
      3535 Nasa Rd 1 Pkwy, Seabrook, TX 77586
      View Details
    • $65,000

      Seabrook Land Parcel For Sale

      14,636 SF land parcel in Seabrook, Texas.
      Todville Rd Rd, Seabrook, TX 77586
      View Details
    • $99,500

      Waterfront Condo in Seabrook

      Two-bedroom condo with waterfront access and included utilities.
      3535 Nasa Pkwy, Seabrook, TX 77586
      View Details
    • $209,000

      Waterfront Condo with Marina Views

      Luxury condo with marina views, boat slip, and amenities.
      4747 Nasa Pkwy, Seabrook, TX 77586
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      12,437 SF

      Seabrook Plaza Retail Space Available

      Prime Seabrook retail/office space, 8,521 SF available.
      5735 Bayport Blvd, Seabrook, TX 77586
      View Details
    • $24 SF/Yr
      1,392 SF

      Retail/Office Space in Old Seabrook

      Adaptable retail or office spaces in a historic location.
      1105 Moskowitz Ave, Seabrook, TX 77586
      View Details
    • $5,500 /Mo

      Seabrook Yard for Lease

      5-acre fenced, stabilized, and lighted yard near Bayport Terminal.
      Highway 146, Seabrook, TX 77586
      View Details
    • $18 SF/Yr
      39,260 SF

      Seabrook Office Space for Lease

      Prime Seabrook Office Suites Available
      3101 Nasa Rd 1, Seabrook, TX 77586
      View Details
    • Contact for pricing
      14,307 SF

      Seabrook Retail Center: Prime Location

      Four retail spaces available, high-traffic area.
      3100 Nasa Rd 1, Seabrook, TX 77586
      View Details
    • $914,760

      Highway Frontage Pad Site Available

      0.84 acre pad site with high traffic visibility.
      1408 Bayport Blvd, Seabrook, TX 77586
      View Details

    Property Visit Statistics

    • Visits by month
      3.2k
    • Visitors by month
      1.2k
    • Avg Time on site
      438 min
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    Seabrook, TX 77586-3219
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    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
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