1330 Broadway StPearland, TX 77581

Property Details for 1330 Broadway St

Year built

2013

Lot size

2.94 AC

Property size (Sq ft)

6,114 SF

Property type

Community centers

APN

7113-0001-002

APU

71130001002

Description

This exceptional ½-acre commercial land parcel, situated at 1330 E Broadway St in Pearland, Texas (zip code 77581), presents a remarkable opportunity for developers. Located within the Pine Hollow Plaza on the east side of Pearland, near Friendswood, this property boasts convenient access to I-45, ensuring high visibility and accessibility. The land is already platted and zoned for General Commercial use, eliminating significant pre-development hurdles. Furthermore, off-site detention is already in place, streamlining the construction process and saving valuable time and resources. This turnkey solution is ideal for a variety of commercial projects, including retail strips, office buildings, or special-purpose structures. The asking price for this strategically located and fully prepared site is $600,000. Its prime location and readiness for immediate development make this a truly exceptional investment opportunity in the thriving Pearland market within Brazoria County. The property's coordinates are 29.544441174885595 latitude and -95.22593589466344 longitude. Don't miss this chance to secure a prime location for your next commercial venture.

• CAP approach

  CAP return

  Valuation

  6%

  $1,840,671

  6.5%

  $1,699,081

  7%

  $1,577,718

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,277,339

  Geo Method

  $4,612,786

• Alternative Use

  Use

  Valuation

  Residential

  $1,433,239

  Hospitality

  $1,312,839

  Educational

  $1,092,266

  Medical

  $1,129,831

  Retail

  $1,699,081

Location Insight

City

Pearland

County

Brazoria

State

Texas

Latitude

29.5438

Longitude

-95.2262

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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