9631 Broadway StPearland, TX 77584

Property Details for 9631 Broadway St

Year built

2015

Lot size

0.78 AC

Property size (Sq ft)

8,618 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

6561-0001-006

APU

65610001006

Description

This exceptional Class A office space, totaling 5,138 square feet, is situated at 9631 Broadway Street in Pearland, Texas, within the South Houston submarket. The property, built in 2017, is part of a single-story, 8,654 square foot building located on a 0.53-acre lot. The address is conveniently located near the intersection of W. Broadway Street and Silverlake Parkway in Brazoria County, offering excellent visibility and accessibility. Currently, 5,138 square feet is available for lease, and the space is divisible to accommodate various business needs. The building features a single tenant occupancy, although it shares the building with an existing orthodontic clinic. This presents a unique opportunity for businesses seeking a modern, well-maintained space in a thriving Pearland community. The property boasts a traditional office subtype and is classified as Retail, Restaurant, and Office. While there are no elevators, the single-story design ensures easy access and navigation. This property is ideal for businesses seeking a high-quality, conveniently located office space in a rapidly growing area of South Houston. The property's location offers easy access to major roadways and amenities, making it an attractive option for businesses of all sizes.

• CAP approach

  CAP return

  Valuation

  6%

  $1,764,981

  6.5%

  $1,629,213

  7%

  $1,512,841

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,273,820

  Geo Method

  $2,580,143

• Alternative Use

  Use

  Valuation

  Residential

  $2,020,224

  Hospitality

  $1,850,514

  Educational

  $1,539,606

  Medical

  $1,592,556

  Retail

  $2,394,943

Location Insight

City

Pearland

County

Brazoria

State

Texas

Latitude

29.5575

Longitude

-95.3684

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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