11601 Shadow Creek PkwyPearland, TX 77584

  • Retail properties
  • 13,501 SF
For Lease
$30/SF/YR View listing

Property Details for 11601 Shadow Creek Pkwy

Year built
2006
Lot size
1.56 AC
Property size (Sq ft)
13,501 SF
Property type
Retail properties
Property subtype
Community centers
APN
7497-1810-005
APU
74971810005

Description

This exceptional retail opportunity is located at 11601 Shadow Creek Parkway in Pearland, Texas, 77584. The property consists of a single building totaling 4,330 square feet, currently offering three vacant suites for lease. Each suite is adaptable to a variety of retail uses, making it ideal for businesses seeking high visibility and convenient access. The available spaces range from a minimum of 1,430 square feet to a maximum contiguous space of 2,900 square feet, providing flexibility for businesses of varying sizes. The building is classified as a second-generation retail space, offering the advantage of existing infrastructure and potential cost savings. The property's endcap location ensures high visibility and accessibility for customers. Ample parking is available, with a generous 5.8 parking ratio to accommodate both employees and customers. This prime location in Pearland, Texas offers excellent access to major roadways and a thriving community, making it an attractive option for businesses seeking a strong foothold in a growing market. The entire 4,330 square feet is currently available for lease. This presents a unique opportunity to establish a significant presence in a desirable retail corridor. Contact us today to learn more about this exceptional retail space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,064,590
    6.5%
    $3,751,929
    7%
    $3,483,934
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,028,844
    Geo Method
    $10,186,002
  • Alternative Use

    Use
    Valuation
    Residential
    $3,164,893
    Hospitality
    $2,899,025
    Educational
    $2,411,954
    Medical
    $2,494,905
    Retail
    $3,751,929
11601 Shadow Creek Pkwy, Pearland, Texas

Location Insight

City
Pearland
County
Brazoria
State
Texas
Latitude
29.5801
Longitude
-95.3958
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
$71,872
$885,100
$1,933,358
$2,818,458
-
$885,100
$1,933,358
$2,818,458

FAQs

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