5137 W Alabama St, Houston, TX 77056 – Regional Shopping Mall

RetailYear Built 2002Total Assessed Value $205,228,129County Harris

Property Details

The Retail property 5137 W Alabama St, Houston, TX 77056 is located in Harris County. The specific property type is Regional Shopping Mall. The total assessed value of this property is $205,228,129.

The gross building area is 336,964 square feet and the land area is 322,605 square feet for this Regional Shopping Mall built in 2002.

Legal description: Res A Blk 1 Galleria Iv

$205,228,129

Market Value

8.50%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 5137 W Alabama St, Houston, TX 77056, Retail

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Property Information

Property TypeRetail

Sub Property TypeRegional Shopping Mall

Building Area336,964

Land Size322,605

Land Value$48,390,750

Improved Value$156,837,379

Total Assessed Value$205,228,129

Year Built2002

County NameHarris

Account Number1225410010001

Cap Rate8.50%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingForced air unit

Type ConstructionBrick

No of Stories1

Garage TypeYes 2902

Elevator

Exterior WallsConcrete

Sales History

2/24/2015

Arms-lengthNot Disclosed

Buyer

Sa Galleria Llc

Seller

Sa Galleria Iv Lp

Book Number

20150075853

Recording Date

2/24/2015

Transaction Details

Sa Galleria Llc acquired the property from Sa Galleria Iv Lp through a Arms-length transaction on 2/24/2015 for .

11/29/2005

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

11/29/2005

Transaction Details

acquired the property from through a Other transaction on 11/29/2005 for .

Property constructed in 2002

YSale Price (USD) byXSales Year

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Mortgage History

1/30/2025

Arms length residential transactions purchase or resales$1,200,000

Borrower

Hg Galleria Llc

Lender

Bank Of America Na

Book Number

2025.36318

Recording Date

1/30/2025

Transaction Details

Hg Galleria Llc borrowed the property from Bank Of America Na through a Arms length residential transactions purchase or resales transaction on 1/30/2025 for $1,200,000.

Property constructed in 2002

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$48,390,750	$172,305,682	$220,696,432	$220,696,432	Sa Galleria Llc	225 W Washington St	Res A Blk 1 Galleria...	5906.01	-	322,605	316,850
2025	$48,390,750	$150,250,005	$198,640,755	$198,640,755	Sa Galleria Llc	225 W Washington St	Res A Blk 1 Galleria...	5906.01	-	322,605	336,964
2024	$48,390,750	$141,042,465	$189,433,215	$189,433,215	Sa Galleria Llc	225 W Washington St	Res A Blk 1 Galleria...	5906.01	-	322,605	336,964
2023	$48,390,750	$133,374,636	$181,765,386	$181,765,386	Sa Galleria Llc	225 W Washington St	Res A Blk 1 Galleria...	5906.01	GALLERIA 04	322,605	336,964
2022	$48,390,750	$107,828,025	$156,218,775	$156,218,775	Sa Galleria Llc	225 W Washington St	Res A Blk 1 Galleria...	5906.01	GALLERIA 04	322,605	336,964
2021	$48,390,750	$105,141,995	$153,532,745	$153,532,745	Sa Galleria Llc	225 W Washington St	Res A Blk 1 Galleria...	5906.01	GALLERIA 04	322,605	336,964
2020	$48,390,750	$115,978,409	$164,369,159	$164,369,159	Sa Galleria Llc	225 W Washington St	Res A Blk 1 Galleria...	5906.01	-	322,605	336,964
2019	$48,390,750	$119,478,925	$167,869,675	$167,869,675	Sa Galleria Llc	225 W Washington St	Res A Blk 1 Galleria...	5906.01	-	322,605	336,964
2018	$48,390,750	$110,233,035	$158,623,785	$158,623,785	Sa Galleria Llc	225 W Washington St	Res A Blk 1 Galleria...	5906.01	-	322,605	336,964
2017	$48,390,750	$111,303,860	$159,694,610	$159,694,610	Sa Galleria Llc	225 W Washington St	Res A Blk 1 Galleria...	5906.01	-	322,605	336,964

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Showing 1 to 10 of 18 entries

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
5137 W Alabama St, Houston, TX 77056	1225410010001	Retail	Regional Shopping Mall	Sa Galleria Llc	Harris	-	-	-	-	2002	336,964	-
3111 Midwestern Pkwy, Wichita Falls, TX 76308	123567	Retail	Regional Shopping Mall	Sikes Senter Mall Realty Holding Llc	Wichita	339.5	$ 23,940,000	2025-10-15	$ 30.53	1973	784,240	-
3662 W Camp Wisdom Rd, Dallas, TX 75237	00693100A10010000	Retail	Regional Shopping Mall	3662 W Camp Wisdom Llc	Dallas	219.8	$ 16,827,825	2024-11-15	$ 53.26	1975	315,940	-
301 Northgate Mall Dr, Hixson, TN 37343	110H E 006	Retail	Regional Shopping Mall	Bi Developments Llc	Hamilton	706.7	$ 4,000,000	2025-11-07	$ 26.00	1972	153,861	-
3701 S Main St, Elkhart, IN 46517	20-06-22-401-002.000-011	Retail	Regional Shopping Mall	Elkhart Concord Llc	Elkhart	985.5	$ 5,246,900	2023-10-04	$ 26.51	1972	197,942	-
4003 Cleveland Ave, Fort Myers, FL 33901	36-44-24-P4-00018.0000	Retail	Regional Shopping Mall	Seritage Src Finance Llc	Lee	860.2	$ 5,819,500	2024-11-18	$ 37.17	1964	156,571	-
6200 Grandview Pkwy, Davenport, FL 33837	272607701260000040	Retail	Regional Shopping Mall	Prep Posner Real Estate Llc	Polk	846.2	$ 57,150,000	2025-05-29	$ 225.13	2008	253,855	8
2401 S Stemmons Fwy, Lewisville, TX 75067	175967	Retail	Regional Shopping Mall	1000 South Vermont Llc & 1054 Vermont Llc & 1035 Menlo Llc	Denton	244.0	$ 40,000,000	2022-08-26	$ 55.30	1988	723,379	-
401 Northgate Mall Dr, Hixson, TN 37343	110H E 002	Retail	Regional Shopping Mall	Bjs Wholesale Club Inc	Hamilton	706.5	$ 6,500,000	2024-11-01	$ 41.07	1974	158,264	-
6343 E Southern Ave, Mesa, AZ 85206	141-54-044C	Retail	Regional Shopping Mall	D&d Mesa Llc	Maricopa	992.8	$ 3,193,000	2024-05-17	$ 27.90	1991	114,438	2
3301 Coral Way, Miami, FL 33145	01-4109-069-0020	Retail	Regional Shopping Mall	Coral Gate Marketplace Llc	Miami-Dade	975.0	$ 62,000,000	2024-11-22	$ 100.98	1989	613,998	-

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Nearby Lenders

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Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	5137 W Alabama St, Houston, TX 77056	—	-	322,605	2002	336,964	$ 205,228,129	$ 48,390,750	-
Old Plank Trail Cmty Bank Na	10031 Fm 1960 Bypass Rd W Ste F2 SteF2, Humble, TX 77338	09/11/2025	$ 250,000	61,202	2007	9,252	$ 2,744,887	$ 1,530,050	Humble Th Llc
Cadence Bank Na	15718 S Highway 288, Pearland, TX 77581	08/08/2025	$ 3,100,000	101,752	2014	16,694	$ 4,518,000	$ 1,984,160	4gf Group Llc
American National Bank & Trust	5617 Kemp Blvd, Wichita Falls, TX 76308	04/11/2025	$ 75,000	12,197	1985	3,784	$ 66,977	$ 29,272
Jet Lending Llc	10000 Emmett F Lowry Expy, Texas City, TX 77591	03/27/2025	$ 3,900,000	1,002,063	1990	235,735	$ 39,926,700	$ 879,310	Jmk5 Mall Of The Mainland Llc
Ladder Capital Finance Llc	4200 S Fwy, Fort Worth, TX 76115	03/06/2025	$ 64,000,000	77,200	1960	14,095	$ 2,381,919	$ 694,800	Town Center Mall Lp
Ladder Capital Finance Llc	250 E Bolt St, Fort Worth, TX 76115	03/06/2025	$ 64,000,000	388,668	1960	117,949	$ 9,970,345	$ 1,166,004	Town Center Mall Lp
Ladder Capital Finance Llc	4200 South Fwy, Fort Worth, TX 76115	03/06/2025	$ 64,000,000	60,984	1960	10,068	$ 619,205	$ 182,952
Berkadia Commercial Mtg Llc	7010 Easy Wind Dr, Austin, TX 78757	02/25/2025	$ 102,186,000	39,422	2008	29,277	$ 9,787,153	$ 3,153,744	Mc Apartments Borrower Lp
Teachers Insurance&annuity Ass	1375 W Ih 20, Arlington, TX 76015	02/12/2025	$ 165,000,000	42,772	1987	4,632	$ 470,492	$ 470,492	Parks At Arlington Llc
Teachers Insurance&annuity Ass	3881 S Cooper St, Arlington, TX 76015	02/12/2025	$ 165,000,000	182,734	1987	91,717	$ 8,643,812	$ 1,827,340	Parks At Arlington Llc

Mean$ 77,760,649

Median$ 4,850,000.0

Loan Amount Range$ 75,000 - $ 650,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

13406308737

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

3/10/2003

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	STERLING INC.
	Address Line	375 ghent rd
	City / State / Zip	fairlawn OH 44333
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48201
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	44333
Registration Details	SOS Code

License Timeline

License Issued

3/10/2003

Currently Active

Status: -

Renewal Required

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