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    10011 Broadway St Pearland, TX 77584

    For Lease
    Contact for pricing

    High-traffic retail land, 1 acre available

    Lot size:
    47,480 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1.09-acre retail land parcel presents a prime investment opportunity in Pearland, Brazoria County. Situated on Broadway Street, a major thoroughfare boasting over 34,000 vehicles per day (VPD), this property enjoys unparalleled visibility and accessibility. One retail space is currently available within the Pearland Shopping Center, offering significant potential for a variety of uses. The site benefits from its adjacency to a high-volume 24-Hour Fitness center, further enhancing its appeal and foot traffic. The surrounding area is characterized by a densely populated, high-income demographic, with an average household income exceeding $157,084 within a 3-mile radius. This strong demographic profile ensures a robust customer base for any retail establishment. The property's strategic location places it in close proximity to a cluster of major national retailers, including Home Depot, Walmart, Costco, Target, JCPenney, Hobby Lobby, Ross, and Kohl's, creating a synergistic retail environment and driving substantial traffic to the immediate trade area. This combination of high visibility, strong demographics, and proximity to established retailers makes this property an exceptional investment opportunity for discerning buyers seeking a high-return retail investment in a thriving market. The property is designated as retail, land, and restaurant use. Multiple tenancies are possible.

    Property Features for 10011 Broadway St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    47,480 SF

    Unit(s) available at that property

    Space
    Outparcel
    Size
    47,480 SF

    HighLights

    • 1.09‑acre land parcel available for sale.
    • Adjacent to a high‑volume 24 Hour Fitness.
    • Located in a densely populated, high‑income area with an average household income of $157,084 within a 3‑mile radius.
    • Significant frontage on Broadway Street, a major retail thoroughfare.
    • High visibility site with over 34,000 vehicles per day (VPD).
    • Strong co‑tenancy with national retailers including Home Depot, Walmart, Costco, Target, JCPenney, Hobby Lobby, Ross, and Kohl's.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    24 Hour Fitness Gym British Swim School ... Swimming School

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pearland
    County
    Brazoria
    State
    Texas
    Longitude
    -95.375698522551
    Latitude
    29.55764766921

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    FAQs

    What type of property is this?
    Restaurant - High-traffic retail land, 1 acre available
    Where is this restaurant located?
    The property is located at 10011 Broadway St Pearland, TX.
    What are key features of this property?
    This property features: 1.09-acre land parcel available for sale.; Adjacent to a high-volume 24 Hour Fitness.; Located in a densely populated, high-income area with an average household income of $157,084 within a 3-mile radius.
    Request Owner's contact information
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    Pearland, TX 77584
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10011 Broadway St Pearland, TX 77584
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