Invest in this exceptional Pearland, Texas commercial property, Pearland Central Plaza, located at 1921 N Main St, 77581, in Brazoria County. This single-story, Class B building offers 10,500 square feet across five suites, with 2,115 square feet currently vacant. The property boasts a highly desirable location at the main entrance of a Walmart, ensuring excellent visibility and high foot traffic. Its proximity to a large residential area makes it ideal for a variety of businesses, including retail, medical offices, and traditional office spaces. The building features ample parking and easy access from major roadways, providing convenient access for customers and employees. One available space totals 1,328 square feet, perfect for a growing business seeking a customizable space with flexible lease terms. The property's multiple tenancy structure offers diverse leasing options. No elevators are present in this single-story building. This is a unique opportunity to establish a business in a thriving Pearland community with strong potential for growth and success. The property is categorized as Retail, Office, with subtypes including Medical Office and Traditional Office.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$3,003,058
6.5%
$2,772,054
7%
$2,574,050
Comparable approach
Method
Valuation
Relative Method
$3,715,482
Geo Method
$7,525,766
Alternative Use
Use
Valuation
Residential
$2,338,331
Hospitality
$2,141,898
Educational
$1,782,034
Medical
$1,843,321
Retail
$2,772,054
Location Insight
City
Pearland
County
Brazoria
State
Texas
Latitude
29.5723
Longitude
-95.2857
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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