New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,095,000
Warehouses
4120 Walnut St, Pearland, TX 77581-4104
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-8012082
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2018
Total area
26,586 SF
Lot
4.81 ac (209,436 SF)
APN
7028-0001-000
UPID
US82-8012082
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
-
Texas United Volleyball Gym & Fitness Center
-
Pearland Juniors Volleyball Club Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.71M
Blend (final)
Blend
$3.10M
Owner & transaction history
4120 Investments LLC · 4 yrs held
4120 Investments LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.4M
+68.5%
Restaurant
$3.2M
+62.1%
Office building
$2.9M
+45.8%
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 Pearland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pearland 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,990,000
Current use
AUTO REPAIR, GARAGE
$3,355,000
Change: +68% · Conversion: Easy
RESTAURANT
$3,230,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$2,905,000
Change: +46% · Conversion: Difficult
MEDICAL BUILDING
$2,330,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$2,065,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$3.10M
Range $2.79M – $3.40M · ±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
$116 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$88,857
Tax year 2024
Assessed value
$6,800,000
Assessed 2024
Previous assessed
$4,000,000
+70.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$680,670
Assessed improvement
$6,119,330
Land market value
$680,670
Improvement market value
$6,119,330
Total market value
$6,800,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2018
Heating
PACKAGE
Total area
26,586 SF
Lot
4.81 ac (209,436 SF)
APN
7028-0001-000
UPID
US82-8012082
Jurisdiction
BRAZORIA
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
WAREHOUSE, STORAGE Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$3.4M
RESTAURANT
Est. value
$3.2M
OFFICE BUILDING
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$2.1M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
2018
Heating
PACKAGE
Lot
4.81 ac
Current owner
From public records · entity-resolved
4120 Investments LLC
Entity
Mailing address
3415 HICKORY CRK DR, PEARLAND, TX 77581-2454
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Mar 28, 2022
—
4120 Investments LLC
Texas United Volleyball Club LLC
Warranty Deed
$1,730,787 · Housyon Galveston Area Local Develo
Jan 10, 2007
—
Tuan Hoang
Sage John A
Warranty Deed
$254,105 · Hometown Bank
—
—
4120 Investments LLC
—
Loan Modification
related
$1,384,630 · Texas First Bk
—
—
4120 Investments LLC
—
Loan Modification
related
$1,384,630 · Texas First Bk
—
—
4120 Investments LLC
—
Loan Modification
related
$1,384,630 · Texas First Bk
—
—
4120 Investments LLC
—
Deed Of Trust
related
$1,730,787 · Texas First Bk
—
—
4120 Investments LLC
—
Deed Of Trust
related
$1,384,630 · Texas First Bk
—
—
4120 Investments LLC
—
Loan Modification
related
$138,630 · Texas First Bk
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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