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Property profile & analytics
OFF-MARKET
Estimated value
$1,270,000
Hotels
3450 Sam Houston S Pkwy 81 Pasadena, TX 77505-2330
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-1072126
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2017
Construction
BRICK
Total area
43,672 SF
Lot
1.6 ac (69,696 SF)
APN
341990000460
UPID
US83-1072126
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
-
Candlewood Suites Houston - Pasadena, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.27M
Owner & transaction history
New Lion II LLC · 6 yrs held
New Lion II LLC
since 2019
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 Pasadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasadena 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
$1,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,040,000
Current use
Blend value · Realmo final
$1.27M
Range $1.14M – $1.40M · ±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
$29 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$63,266
Tax year 2022
Assessed value
$5,417,170
Assessed 2024
Previous assessed
$5,565,265
-2.7% YoY
Effective rate
1.17%
On assessed value
Assessed land
$557,568
Assessed improvement
$4,859,602
Land market value
$557,568
Improvement market value
$4,859,602
Total market value
$5,417,170
Applied tax rate
21.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2017
Construction
BRICK
Heating
RADIANT
Cooling
OTHER
Buildings
1
Stories
4
Total area
43,672 SF
Lot
1.6 ac (69,696 SF)
APN
341990000460
UPID
US83-1072126
Jurisdiction
HARRIS
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
HOTEL/MOTEL Current
Est. value
$1.0M
HOTEL/MOTEL Current
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
2017
Construction
BRICK
Heating
RADIANT
Cooling
Yes
Stories
4
Buildings
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
New Lion II LLC
Entity
Mailing address
807 MCCARTY ST, HOUSTON, TX 77029-1149
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2019
—
New Lion II LLC
—
Deed
related
$1,496,380 · Texas Citizens Bk NA
May 8, 2019
—
New Lion II LLC
—
Deed
related
$1,496,380 · Texas Citizens Bk NA
May 6, 2019
—
New Lion II LLC
—
Deed
related
$675,000 · Texas Citizens Bk NA
Dec 28, 2018
—
New Lion II LLC
—
Deed
related
$660,004 · Texas Citizens Bk NA
Oct 2, 2018
—
New Lion II LLC
—
Deed
related
$200,000 · Texas Citizens Bk NA
Nov 16, 2017
—
New Lion II LLC
—
Deed
related
$1,500,000 · Texas Citizens Bk NA
—
—
New Lion II LLC
—
Loan Modification
related
$660,004 · Texas Citizens Bk NA
—
—
New Lion II LLC
—
Deed Of Trust
related
$675,000 · Texas Citizens Bk NA
—
—
New Lion II LLC
—
Loan Modification
related
$1,496,380 · Texas Citizens Bk NA
—
—
New Lion II LLC
—
Loan Modification
related
$1,496,380 · Texas Citizens Bk NA
—
—
New Lion II LLC
—
Loan Modification
related
$1,496,380 · Texas Citizens Bk NA
—
—
New Lion II LLC
—
Loan Modification
related
$1,500,000 · Texas Citizens Bk NA
—
—
New Lion II LLC
—
Deed Of Trust
related
$200,000 · Texas Citizens Bk NA
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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