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

    2801 Harkey Rd Pearland, TX 77584-2958

    • Day care centers
    • 5,000 SF
    • 0.85 lot acres
    OFF-MARKET
    Last Sale
    Sep 17, 2024
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-1505911
    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

    • Homegrown Kids Child Care Center / Daycare Center

    Property Details for 2801 Harkey Rd

    Year built
    1998
    Lot size
    0.85 lot acres
    Property size
    5,000 SF
    Property type
    Day care centers
    APN
    4687-0001-003
    APU
    46870001003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Pearland
    County
    Brazoria
    State
    Texas
    Longitude
    -95.3139
    Latitude
    29.5574
    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
    $10,071
    $38,530
    $656,840
    $695,370
    -
    $38,530
    $656,840
    $695,370

    Comparable in this City

    • Value Estimation
      $775,000
      17,750 SF

      1906 Country Pl Pkwy

      DAY CARE, PRE-SCHOOL • 17,750 SF
      1906 Country Pl Pkwy, Pearland, TX 77584-2137
      View Details
    • Value Estimation by Request
      2,353 SF

      2525 Northfork Ct

      DAY CARE, PRE-SCHOOL • 2,353 SF
      2525 Northfork Ct, Pearland, TX 77584
      View Details
    • Value Estimation by Request
      6,840 SF

      2654 Oaks Blvd

      DAY CARE, PRE-SCHOOL • 6,840 SF
      2654 Oaks Blvd, Pearland, TX 77584-8030
      View Details
    • Value Estimation
      $535,000
      8,125 SF

      12801 Broadway St

      DAY CARE, PRE-SCHOOL • 8,125 SF
      12801 Broadway St, Pearland, TX 77584-1928
      View Details
    • Value Estimation
      $575,000
      12,021 SF

      1751 Kirby Dr

      DAY CARE, PRE-SCHOOL • 12,021 SF
      1751 Kirby Dr, Pearland, TX 77584-5605
      View Details
    • Value Estimation by Request
      7,531 SF

      2325 County Rd 90

      DAY CARE, PRE-SCHOOL • 7,531 SF
      2325 County Rd 90, Pearland, TX 77584-4887
      View Details

    Similar Nearby for Sale

    • $6,300,000
      15,832 SF

      Pearland Retail Building For Sale

      Single-tenant retail building in Pearland, TX, leased to Kid City.
      12152 Shadow Creek Pkwy, Pearland, TX 77584
      View Details
    • Contact for pricing

      Pearland Airpark Aviation Land

      Versatile 12.85-acre aviation or commercial-use land in Pearland Airpark.
      7911 James St, Pearland, TX 77584
      View Details
    • $375,000
      1,250 SF

      Move-in Ready Class A Office

      Class A office suite in Pearland's Shadow Creek corridor.
      11960 Broadway St, Pearland, TX 77584
      View Details
    • $910,080

      Pearland Hard Corner Pad Site

      1.741-acre pad site with traffic light in Pearland, Texas.
      Cullen Pkwy, Pearland, TX 77584
      View Details
    • $2,400,000

      Pearland Land For Sale

      Land available for purchase in Pearland, Texas.
      3618-3638 Manvel Rd, 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

    Similar Nearby for Lease

    • $13 SF/Yr
      8,250 SF

      Manvel Road Industrial Property

      8,250 SF Flex Space, Pearland, TX
      3222 Manvel Rd, Pearland, TX 77584
      View Details
    • $10 SF/Yr
      3,600 SF

      Pearland Medical Office Suites

      Flexible Suites, Prime Pearland Location
      3129 Kingsley Dr, Pearland, TX 77584
      View Details
    • Contact for pricing
      9,003 SF

      Prime Pearland Retail Opportunity

      8 Acres, Multiple Spaces Available
      8809 Broadway St, Pearland, TX 77584
      View Details
    • $18 SF/Yr
      4,239 SF

      Pearland Office Space For Lease

      Office space available for lease in Pearland, Texas.
      11233 Shadow Creek Pkwy, Pearland, TX 77584
      View Details
    • $33 SF/Yr
      2,300 SF

      Retail Space in Growing Area

      Retail space in high-traffic Pearland location near Shadow Creek.
      12567 Broadway St, Pearland, TX 77584
      View Details
    • Contact for pricing
      5,800 SF

      Pearland Retail Space with Drive-Thru

      Retail space available in Pearland, Texas, with drive-thru.
      8701-8703 W Broadway St, 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.
    2801 Harkey Rd
    Pearland, TX 77584-2958
    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.