3525 Main StPearland, TX 77581

Property Details for 3525 Main St

Year built

2021

Lot size

3.23 AC

Property size (Sq ft)

27,648 SF

Property type

Retail properties

Property subtype

Strip malls

APN

0507-0008-000

APU

5070008000

Description

This exceptional retail opportunity at Pearland Commons offers 3,000 square feet of immediately available space within a larger 27,460 square foot multi-tenant building. The property boasts excellent visibility and accessibility, situated at the intersection of Main Street and Magnolia Road, experiencing over 31,000 vehicles per day. This prime location is less than half a mile from Pearland High School, with its student population exceeding 3,000, and is surrounded by a dense residential area, ensuring a strong customer base. The space is ideal for a variety of retail, restaurant, or medical uses. The minimum divisible space is 1,500 square feet, with a maximum contiguous space of 3,000 square feet currently available. The building features a generous parking ratio of 6.0 spaces per 1,000 square feet, ensuring ample parking for customers and employees. This is a unique chance to establish a thriving business in a high-traffic, well-populated area of Pearland. The property is currently configured as a single suite, but the building can be subdivided to accommodate smaller tenants. Don't miss this opportunity to secure a prominent retail presence in a rapidly growing community.

• CAP approach

  CAP return

  Valuation

  6%

  $8,323,664

  6.5%

  $7,683,382

  7%

  $7,134,569

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,298,311

  Geo Method

  $20,859,388

• Alternative Use

  Use

  Valuation

  Residential

  $6,481,220

  Hospitality

  $5,936,763

  Educational

  $4,939,317

  Medical

  $5,109,188

  Retail

  $7,683,382

Location Insight

City

Pearland

County

Brazoria

State

Texas

Latitude

29.5456

Longitude

-95.2756

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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