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Property profile & analytics
OFF-MARKET
Estimated value
$7,910,000
Commercial real estate
9896 Bellaire Blvd Ste M Houston, TX 77036-3496
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US82-5439702
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
2005
Construction
BRICK
Total area
43,453 SF
Lot
4.22 ac (183,614 SF)
APN
1272580000011
UPID
US82-5439702
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
-
Jang Guem Restaurant
-
Eve Pink (Bike/Boat/Book/etc) Store
-
22 Hair Salon 明利 Hair Salon Nail Salon
-
H Mart Houston Bellaire (Bike/Boat/Book/etc) Store Grocery & Convenience Store
-
Golden Dumpling House Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.83M
Comparable Approach
Comparable
$6.99M
Blend (final)
Blend
$7.91M
Owner & transaction history
Iyk Texas Corp · 11 yrs held
Iyk Texas Corp
since 2015
4 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,560,000
6.5%
$8,825,000
7%
$8,195,000
Blend value · Realmo final
$7.91M
Range $7.12M – $8.70M · ±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
$182 / 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
$113,916
Tax year 2022
Assessed value
$10,304,109
Assessed 2024
Previous assessed
$9,935,893
+3.7% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,836,130
Assessed improvement
$8,467,979
Land market value
$1,836,130
Improvement market value
$8,467,979
Total market value
$10,304,109
Applied tax rate
8.0000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
2005
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
43,453 SF
Lot
4.22 ac (183,614 SF)
APN
1272580000011
UPID
US82-5439702
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
2005
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
4.22 ac
Current owner
From public records · entity-resolved
Iyk Texas Corp
Entity
Mailing address
9896 BELLAIRE BLVD STE M, HOUSTON, TX 77036-3496
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2015
—
Iyk Texas Corp
Gtr Realty LP
Grant Deed
$4,760,000 · Wilshire Bk
—
—
G T R Realty LP
—
Deed Of Trust
related
$2,200,000 · Metrobank
—
—
G T R Realty LP
—
Deed Of Trust
related
$2,256,997 · Encore Bank
—
—
Gtr Realty
—
Deed Of Trust
related
$2,405,902 · Encore 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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