This exceptional 8-suite retail center in Pearland, Texas, offers 1,280 square feet of immediately available space. Previously occupied by a smoothie shop, this second-generation space includes a valuable 750-gallon grease trap, ideal for a variety of food-related businesses. The property enjoys a prime location at the signalized intersection of Pearland Parkway and Barry Rose Road, providing excellent visibility and accessibility. Benefit from easy access to major thoroughfares including Beltway 8, Highway 35, and Interstate 45, ensuring convenient commutes for both employees and customers. The center is strategically positioned within the thriving Pearland submarket, surrounded by two prominent master-planned communities: The Riverstone Ranch and Lakes at Highland Glen, guaranteeing a substantial and growing customer base. This location boasts a strong retail environment, with nearby established businesses such as H-E-B, Kroger, Aldi, Lowe's, LA Fitness, Academy, Ross, Petco, TJ Maxx, Hobby Lobby, Five Below, and Planet Fitness. The single-story building is situated in Brazoria County, Texas, with a zip code of 77581. This is a fantastic opportunity to establish or expand your business in a high-traffic, high-growth area. The property is ready for immediate occupancy.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$4,276,350
6.5%
$3,947,400
7%
$3,665,450
Comparable approach
Method
Valuation
Relative Method
$2,713,190
Geo Method
$5,495,600
Alternative Use
Use
Valuation
Industrial / Distribution
$7,853,890
Mixed-Use / Specialty
$3,870,260
Hospitality / Lodging
$2,757,380
Office
$3,781,580
Institutional / Educational
$4,000,980
Residential Income
$4,681,140
Multifamily
$5,963,940
Automotive / Energy
$3,429,410
Parking / Income-Based Land
$1,245,760
Restaurant / Food Service
$1,878,360
Healthcare / Senior Housing
$4,033,560
Location Insight
City
Pearland
County
Brazoria
State
Texas
Latitude
29.5705
Longitude
-95.2608
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Pearland Pkwy Pearland, TX 77581
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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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