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    State Highway 288 Pearland, TX 77584

    For Sale
    Contact for pricing

    20+ Acres, Prime Pearland Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 20.63-acre commercial land parcel is situated in The Reserve at Shadow Creek Ranch, Pearland, Texas, a rapidly growing area within Brazoria County. Located on State Highway 288, this property boasts unparalleled visibility and accessibility. The site benefits from existing high-density utilities and off-site detention, eliminating costly infrastructure hurdles. Importantly, there are no medical restrictions, making it ideal for a wide range of commercial or medical developments. Direct access to the newly opened SH 288 Toll Road via a T-Ramp at Discovery Bay Boulevard provides exceptional connectivity. Pearland's booming economy, fueled by a surge in medical development (including new hospitals from Health South, HCA, and MHHS, along with numerous medical office buildings and corporate campuses), and significant non-medical job creation from companies like Ref-Chem, Dover Energy, Mitsubishi Corporation, and Lonza Life Science, creates a robust market for commercial ventures. Thousands of acres are under contract or development for new residential communities, further solidifying the long-term potential of this strategically located land. This presents a unique opportunity to capitalize on the area's explosive growth and establish a strong presence in a thriving market. The property's location at the heart of over $250 million in ongoing medical projects, combined with its superior access and visibility, makes it an unparalleled investment opportunity.

    Property Features for 0 State Highway 288

    General Information

    Property type
    Land
    Lot Size
    898,643 SF

    HighLights

    • 20.63‑acre commercial land parcel in Pearland, TX.
    • Located on State Hwy 288 in Brazoria County, offering high visibility and accessibility.
    • Situated within a rapidly growing area, Pearland, the second fastest‑growing city in Texas, boasting strong quality of life metrics.
    • Prime location near major medical developments, including new hospitals and medical office buildings, creating high demand for commercial space.
    • Excellent access to the SH 288 Toll Road via a new T‑Ramp, enhancing connectivity and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pearland
    County
    Brazoria
    State
    Texas
    Longitude
    -95.38804711
    Latitude
    29.57352398

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    FAQs

    What type of property is this?
    Land - 20+ Acres, Prime Pearland Location
    Where is this land located?
    The property is located at State Highway 288 Pearland, TX.
    What are key features of this property?
    This property features: 20.63-acre commercial land parcel in Pearland, TX.; Located on State Hwy 288 in Brazoria County, offering high visibility and accessibility.; Situated within a rapidly growing area, Pearland, the second fastest-growing city in Texas, boasting strong quality of life metrics.
    (713) 438-9516
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    State Highway 288 Pearland, TX 77584
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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
    State Highway 288 Pearland, TX 77584
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