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Property profile & analytics
FOR LEASE
Community centers
9721 Broadway St Pearland, TX 77584
Entity Owned
9-yr Hold
Free & Clear
Property ID
US82-4295517
For Lease
$640,000
9721 Broadway St, Pearland, TX 77584
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2005
Total area
15,910 SF
Lot
3.96 ac (172,423 SF)
APN
0304-0025-110
UPID
US82-4295517
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
-
Gandhi Nita MD Pediatrician Medical Clinic
-
Silverlake Pediatric Clinic Pediatrician Medical Clinic
-
Chad A. Pedley, MD Medical Clinic
-
Virginia Milligan Medical Clinic
-
Elizabeth D. Castillo, PA Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$875k
Blend (final)
Blend
$640k
Owner & transaction history
Silverlake Pearland LLC · 9 yrs held
Silverlake Pearland LLC
since 2016
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.1M
+55.0%
Office building
$940,000
+38.2%
Medical building
$890,000
+30.7%
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
$405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$680,000
Current use
WAREHOUSE, STORAGE
$1,055,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$940,000
Change: +38% · Conversion: Moderate
MEDICAL BUILDING
$890,000
Change: +31% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$695,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±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 2018Property tax & assessments
Tax year 2018
Assessed value
$4,818,940
Assessed 2023
Previous assessed
$2,400,000
+100.8% YoY
Assessed land
$1,120,750
Assessed improvement
$3,698,190
Land market value
$1,120,750
Improvement market value
$3,698,190
Total market value
$4,818,940
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
2005
Heating
PACKAGE
Buildings
2
Total area
15,910 SF
Lot
3.96 ac (172,423 SF)
APN
0304-0025-110
UPID
US82-4295517
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$680,000
WAREHOUSE, STORAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$940,000
MEDICAL BUILDING
Est. value
$890,000
INDUSTRIAL (GENERAL)
Est. value
$695,000
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
OFFICE BUILDING
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
2005
Heating
PACKAGE
Buildings
2
Lot
3.96 ac
Current owner
From public records · entity-resolved
Silverlake Pearland LLC
Entity
Free & Clear · 9 yrs held
Mailing address
16107 KENSINGTON DR STE #441, SUGAR LAND, TX 77479-4224
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2016
—
Silverlake Pearland LLC
9721 Broadway Holdings LP
Grant Deed
—
May 5, 2006
—
Silverlake I Invtrs L Peterson
Peterson Group INC
Quit Claim Deed
related
$4,400,000 · Artesia Mtg Cap
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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