5350 Highway 35 N Pearland, TX 77511
This 3-acre parcel, situated between Alvin and Pearland, features approximately 400 feet of road frontage on Highway 35, making it an ideal spot for establishing a business. According to the City of Pearland GIS map (see attachments), the property is currently zoned M-1 Light Industrial. There are oil wells on the property that are leased. Per Denbury the lease is still in effect, access to the wells and facilities are required.The property appears to be partially in AE flood zone and partially zone X, with a small portion in AE floodway along the ditch on the north end of the property. City maps do not show any city utilities available at this time. There is a water well on the property (seller not sure if it's in working condition) and electricity that has been disconnected. Don't miss this opportunity to secure a prime location with versatile potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.