4205 Broadway StPearland, TX 77581

Property Details for 4205 Broadway St

Year built

1963

Lot size

0.24 AC

Property size (Sq ft)

14,670 SF

Property type

Office buildings

APN

7025-0201-110

APU

70250201110

Description

This Pearland, Texas office building, located at 4205 Broadway St, 77581, offers flexible spaces ideal for various business needs. The 15,000 square foot, two-story Class B building underwent renovations in 2020, boasting modern common areas including a waiting lounge and remodeled bathrooms. Multiple tenancy options are available, with spaces ranging from 960 to 2650 square feet. Custom build-outs are possible to accommodate specific requirements, or existing floor plans can be utilized. The property features ample parking with convenient access from Washington and Texas Streets, and benefits from high visibility due to its Broadway Street frontage, near the busy intersection of Hwy 35 and FM 518. Its location provides easy access to Houston, Friendswood, Alvin, and other surrounding areas. The minimum divisible space is 960 square feet. Currently, one space is available, ranging from 807 to 960 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $3,004,440

  6.5%

  $2,773,330

  7%

  $2,575,234

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,168,362

  Geo Method

  $4,392,052

• Alternative Use

  Use

  Valuation

  Residential

  $3,438,929

  Hospitality

  $3,150,040

  Educational

  $2,620,796

  Medical

  $2,710,930

  Retail

  $4,076,794

Location Insight

City

Pearland

County

Brazoria

State

Texas

Latitude

29.564

Longitude

-95.2888

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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