1921 Main StPearland, TX 77581

  • Community centers
  • 9,975 SF

Property Details for 1921 Main St

Year built
2006
Lot size
1.05 AC
Property size (Sq ft)
9,975 SF
Property type
Community centers
APN
7017-0001-003
APU
70170001003

Description

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2018
$28,166
$596,860
$2,287,590
$2,884,450
-
$596,860
$2,287,590
$2,884,450

FAQs

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