Tenant-Occupied Office
2400 South Texas Avenue, Pearland, TX 77581
For Sale
Contact for pricing
The standalone property includes on-site parking and is currently occupied by a tenant.
Property Size3,500 SF
Price / SF$200
Days on Market18
Property Features for 2400 South Texas Avenue
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Tenant in Place
Building Details
Buildings
Building Size
Tenancy
Listing Agency:
Texas Signature Realty
Listed By:
Nicole McNeil-Wyatt · License TX #0543664
Source:
Crexi
Added: Oct 26
Changed: Nov 12
Last Checked: Nov 12 at 6:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Texas Signature Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This standalone office building contains approximately 3,500 square feet and is currently occupied by a tenant. On-site parking serves the property.
The building is along S Texas Avenue in Pearland’s Old Town business area, with access to local thoroughfares. Property access is subject to coordination with the tenant.
The building is along S Texas Avenue in Pearland’s Old Town business area, with access to local thoroughfares. Property access is subject to coordination with the tenant.
Key Highlights
- Approximately 3,500 square feet of building area
- Standalone office building currently occupied by a tenant
- On‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,703
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,060
$554.1K
Cap Rate 7%
$395,757
$395.8K
Cap Rate 9%
$307,811
$307.8K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$51.7K $14.76/SF
− Vacancy
−$14.7K −$4.21/SF
EGI
$36.9K $10.55/SF
− OpEx
−$9.2K −$2.64/SF
NOI
$27.7K $7.92/SF
Area
Pearland, TX
Vacancy
28.50%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,060
Cap Rate 7%
$395,757
Cap Rate 9%
$307,811
Alternative Uses
Best Use
Office B
$395.8K
$346.3K – $461.7K
NOI $27,703 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$684.0K
$598.5K – $798.1K
NOI $47,883 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,191
Businesses Nearby
Explore this area
Business Placement
Demographics for 77581, TX
49,198
Population
18,285
Households
2.7
Avg Household Size
38
Median Age
36%
College-Educated
94%
High-School Grad
24.6 sq mi
ZIP Area
2,000
Density / Sq Mi
$106,556
Median Household Income
$62,887
Median Earnings
$1,591
Median Rent
$309,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The standalone property includes on-site parking and is currently occupied by a tenant.
Where is this office building located?
The property is located at 2400 South Texas Avenue Pearland, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Approximately 3,500 square feet of building area; Standalone office building currently occupied by a tenant; On‑site parking
