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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Office buildings
6777 Fairmont Pkwy Pasadena, TX 77505-4403
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0529981
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1995
Construction
BRICK
Total area
10,810 SF
Lot
2.54 ac (110,468 SF)
APN
1205340010002
UPID
US82-0529981
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
-
First In Rescue and Safety Training Industrial Consultant Safety Equipment Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$796k
Blend (final)
Blend
$600k
Owner & transaction history
Creager Holdings LLC · 6 yrs held
Creager Holdings LLC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$915,000
+45.1%
Restaurant
$885,000
+40.1%
Medical building
$805,000
+27.6%
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
$405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$630,000
Current use
AUTO REPAIR, GARAGE
$915,000
Change: +45% · Conversion: Difficult
RESTAURANT
$885,000
Change: +40% · Conversion: Moderate
MEDICAL BUILDING
$805,000
Change: +28% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$730,000
Change: +16% · Conversion: Easy
WAREHOUSE, STORAGE
$600,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$550,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$56 / 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
$56,021
Tax year 2022
Assessed value
$2,409,059
Assessed 2024
Previous assessed
$2,480,874
-2.9% YoY
Effective rate
2.33%
On assessed value
Assessed land
$971,555
Assessed improvement
$1,437,504
Land market value
$971,555
Improvement market value
$1,437,504
Total market value
$2,409,059
Applied tax rate
2.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1995
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
10,810 SF
Lot
2.54 ac (110,468 SF)
APN
1205340010002
UPID
US82-0529981
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
OFFICE BUILDING Current
Est. value
$630,000
AUTO REPAIR, GARAGE
Est. value
$915,000
RESTAURANT
Est. value
$885,000
MEDICAL BUILDING
Est. value
$805,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$730,000
WAREHOUSE, STORAGE
Est. value
$600,000
RETAIL STORES
Est. value
$550,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
1995
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
2.54 ac
Current owner
From public records · entity-resolved
Creager Holdings LLC
Entity
Mailing address
710 VIS DEL LAGO DR, HUFFMAN, TX 77336-4634
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2020
—
First In Rescue Safety & Train
—
Deed
related
$1,000,000 · Community Bk/tx
Sep 24, 2020
—
First In Rescue Safety & Train
—
Deed
related
$100,000 · Communitybanks
May 14, 2020
—
Creager Holdings LLC
—
Deed
related
$1,435,600 · Community Bk/tx
Feb 24, 2020
—
Creager Holdings LLC
J Barron LLC
Warranty Deed
related
$1,435,600 · J Barron LLC
Dec 6, 2010
—
J Barron LLC
Lighted Gardens Ltd
Grant Deed
related
—
Aug 15, 2006
—
Lighted Gardens Ltd
—
Trustees Deed
related
$775,380 · Republic National Bank Miami
May 22, 2006
—
Lighted Gardens Ltd
Wild Bull LLC
Warranty Deed
$1,479,000 · First Choice Bank
—
—
Lighted Gardens Ltd
—
Deed Of Trust
related
$1,292,300 · Republic National Bank Miami
—
—
Lighted Gardens Ltd
—
Deed Of Trust
related
$385,497 · Trustmark National Bank
—
—
Lighted Gardens Ltd
—
Deed Of Trust
related
$800,000 · Houston-galveston Area Local D
—
—
Creager Holdings LLC
—
Deed Of Trust
related
$1,435,600 · Community Bk/tx
—
—
Lighted Gardens Ltd
—
Deed Of Trust
related
$385,497 · Trustmark National Bank
—
—
Lighted Gardens Ltd
—
Deed Of Trust
related
$385,497 · Trustmark National Bank
—
—
Wild Bull LLC
—
Deed Of Trust
related
$50,000 · Southwest Bank Of Texas
—
—
First In Rescue Safety & Train
—
Loan Modification
related
$1,000,000 · Community Bk/tx
—
—
First In Rescue Safety & Train
—
Loan Modification
related
$100,000 · Communitybanks
—
—
Creager Holdings LLC
—
Deed Of Trust
related
$1,000,000 · Community Bk/tx
—
—
Lighted Gardens Ltd
—
Deed Of Trust
related
$1,247,583 · Trustmark National Bank
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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