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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Specialty properties
3939 Pasadena Blvd Pasadena, TX 77503-3213
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-6586258
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
2000
Construction
BRICK
Total area
16,230 SF
Lot
4.28 ac (186,472 SF)
APN
572350040001
UPID
US82-6586258
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
-
Rosewood Funeral Home Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$862k
Blend (final)
Blend
$645k
Owner & transaction history
Rosewood Funeral Home INC · 9 yrs held
Rosewood Funeral Home INC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$985,000
+32.7%
Apartment house (5+ units)
$965,000
+30.0%
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 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
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL)
$745,000
Current use
OFFICE BUILDING
$985,000
Change: +33% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$965,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$40 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$28,917
Tax year 2020
Assessed value
$2,691,495
Assessed 2024
Previous assessed
$2,756,870
-2.4% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,619,695
Assessed improvement
$1,071,800
Land market value
$1,619,695
Improvement market value
$1,071,800
Total market value
$2,691,495
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
2000
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
16,230 SF
Lot
4.28 ac (186,472 SF)
APN
572350040001
UPID
US82-6586258
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
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL) Current
Est. value
$745,000
OFFICE BUILDING
Est. value
$985,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$965,000
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2000
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
4.28 ac
Current owner
From public records · entity-resolved
Rosewood Funeral Home INC
Entity
Free & Clear · 9 yrs held
Mailing address
2602 S HOUSTON AVE, HUMBLE, TX 77396-3701
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2016
—
Rosewood Funeral Home INC
—
Deed
related
—
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Rosewood Funeral Home INC
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Loan Modification
related
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Rosewood Funeral Home INC
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Loan Modification
related
—
—
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Rosewood Holding Co INC
—
Deed Of Trust
related
$2,204,253 · Texas Citizens Bk NA
—
—
Rosewood Funeral Home INC
—
Loan Modification
related
—
—
—
Rosewood Funeral Home INC
—
Deed Of Trust
related
$350,000 · Texas Citizens Bk NA
—
—
Rosewood Funeral Home INC
—
Loan Modification
related
—
—
—
Rosewood Funeral Home INC
—
Deed Of Trust
related
$136,117 · Texas Citizens Bk NA
—
—
Rosewood Funeral Home INC
—
Loan Modification
related
—
—
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Rosewood Funeral Home INC
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Loan Modification
related
—
—
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Rosewood Funeral Home INC
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Loan Modification
related
—
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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