Commercial Building with Broadway
5101 West Broadway Street Pearland, TX 77581
5101 West Broadway Street, Pearland, TX, 77581
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For Sale
Contact for pricing
Well-maintained commercial building on West Broadway in Pearland, suited for retail, office, or service uses.
Property Size2,540 SF
Price / SF$236.22
Days on Market82
Property Features for 5101 West Broadway Street
General Information
- Standard status
- Active
- Size
- 2,540 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1963
Listing agency
KW Commercial Houston Clear Lake
Listed by
Sandra Gonzalez · License #711447
Source
Crexi
Added: May 1 Updated: Jul 21 at 1:14PM Checked: Jul 21 at 1:14PM
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 KW Commercial Houston Clear Lake
Investment Insights
Based on property information with market context.
A well-maintained commercial building for sale at 5101 West Broadway Street in Pearland, TX. The property is approximately 2,450 square feet and is described as suitable for a range of business ventures, including retail, office, or service-related operations. The offering also highlights signage opportunities for brand promotion.
The building is positioned with frontage on Broadway and is marketed as being in a high-traffic area with visibility and accessibility intended to support customer flow.
For Sale listing details indicate a single commercial building rather than a multi-tenant configuration, making it a straightforward option for an owner-operator or a business seeking a dedicated space.
The building is positioned with frontage on Broadway and is marketed as being in a high-traffic area with visibility and accessibility intended to support customer flow.
For Sale listing details indicate a single commercial building rather than a multi-tenant configuration, making it a straightforward option for an owner-operator or a business seeking a dedicated space.
Key Highlights
- 1963‑built commercial building totaling 2,450 SF
- Prime frontage on Broadway in Pearland
- Located on West Broadway, suited for retail, office, or service use
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.3k | $17.04 |
| − Vacancy | −$2.7k | −$1.06 |
| EGI | $40.6k | $15.98 |
| − OpEx | −$12.2k | −$4.80 |
| NOI | $28.4k | $11.19 |
2,540 SF · lease $17.04/SF/yr · vacancy 6.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$406.0K
$355.2K – $473.7K
NOI $28,419 @ 7.0% cap · market cap 4.74%
Second Best
Office B
$287.2K
$251.3K – $335.1K
NOI $20,104 @ 7.0% cap · market cap 3.35%
Theoretical Best
Warehouse
$496.4K
$434.4K – $579.2K
NOI $34,749 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Darrel Heidrich: Allstate ...
Insurance Agency
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FAQs
What type of property is this?
Office building - Well-maintained commercial building on West Broadway in Pearland, suited for retail, office, or service uses.
Where is this office building located?
The property is located at 5101 West Broadway Street Pearland, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 1963‑built commercial building totaling 2,450 SF; Prime frontage on Broadway in Pearland; Located on West Broadway, suited for retail, office, or service use
