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Property profile & analytics
OFF-MARKET
Medical Office Space
4040 Broadway St Houston, TX 77087-4713
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0867221
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1957
Construction
BRICK
Total area
5,017 SF
Lot
0.59 ac (25,801 SF)
APN
283020000015
UPID
US82-0867221
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
-
Jesus E. Garcia, DC Alternative Medicine Practice
-
Garcia Clinic Alternative Medicine Practice
-
Christine Nguyen-Moen Physician
-
4040 Broadway Medical Houston Dr. Schwartz Medical Clinic
-
Broadway Perfect Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bv & Aa INC · 14 yrs held
Bv & Aa INC
since 2012
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 Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,446
Tax year 2022
Assessed value
$488,274
Assessed 2024
Previous assessed
$468,846
+4.1% YoY
Effective rate
1.93%
On assessed value
Assessed land
$112,875
Assessed improvement
$375,399
Land market value
$112,875
Improvement market value
$375,399
Total market value
$488,274
Applied tax rate
1.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1957
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
5,017 SF
Lot
0.59 ac (25,801 SF)
APN
283020000015
UPID
US82-0867221
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
Building & site characteristics
From public records
Year built
1957
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Bv & Aa INC
Entity
Mailing address
5303 HOPE RNCH LN, SUGAR LAND, TX 77479-3687
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2012
—
Bv & Aa INC
Keshwani Farrah & Z Trust
Warranty Deed
$270,000 · Keshwani Farrah & Z Tr (pt)
Nov 3, 2009
—
Narfaz Ltd
Keshwani,nazmudin
Warranty Deed
related
—
Feb 18, 1999
—
Keshwani Trust
Narfaz Ltd
Grant Deed
related
—
May 6, 1997
—
Mazmudin Keshwani
Villablanca INC
Grant Deed
$136,425 · Wells Fargo Bank
—
—
Keshwani Zarrah & Farrah Trust
—
Deed Of Trust
related
$70,000 · Bank Of America
—
—
Keshwani Zarrah & Farrah Trust
—
Deed Of Trust
related
$150,841 · Capital One
—
—
Keshwani,tr
—
Deed Of Trust
related
$300,772 · Southtrust Bank NA
—
—
Keshwani,tr
—
Deed Of Trust
related
$175,072 · Southtrust Bank 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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