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    1427 Broadway St Pearland, TX 77581

    For Sale
    $3,500,000

    Pearland, TX Retail Center - $3.5M

    Property size:
    5,226 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    Longwood Crossing, a 5,226 square foot shopping center in Pearland, Texas, is available for purchase at $3,500,000. Built in 2017, this attractive retail property is strategically located at the intersection of East Broadway and Longwood Drive, one block east of the major intersection of East Broadway (FM 518) and Dixie Farm Road. The center currently houses three suites: a Starbucks, Havana Nails, and a 1,740 square foot space available for lease or occupancy. This prime location benefits from high visibility and convenient access to major thoroughfares, including the Gulf Freeway (I-45 S), making it easily accessible to customers from both Pearland and Friendswood. The property enjoys proximity to numerous national retailers, including Walgreens, Home Depot, Walmart Supercenter, Chik-fil-A, and Taco Bell, creating a strong retail synergy and high foot traffic. The center is situated on the "going-to-work" side of the street for Friendswood commuters, further enhancing its accessibility and potential for success. This presents a compelling investment opportunity in a thriving retail market. The property's address is 1427 Broadway St, Pearland, TX 77581.

    Property Features for 1427 Broadway St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    5,226 SF

    HighLights

    • Asking Price: $3,500,000
    • Property Type: Retail Shopping Center, 5,226 SF
    • Location: 1427 Broadway St, Pearland, TX 77581
    • Built in 2017, three suites; Starbucks and Havana Nails currently occupied, one 1,740 SF suite available.
    • Excellent location near major intersection and national retailers including Walgreens, Home Depot, and Walmart.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Starbucks Internet Cafe Vape City Coming ... Vaporizer Store Havana Nail Spa Nail Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pearland
    County
    Brazoria
    State
    Texas
    Longitude
    -95.2275992
    Latitude
    29.5458814

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    FAQs

    What type of property is this?
    Lifestyle center - Pearland, TX Retail Center - $3.5M
    Where is this lifestyle center located?
    The property is located at 1427 Broadway St Pearland, TX.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Asking Price: $3,500,000; Property Type: Retail Shopping Center, 5,226 SF; Location: 1427 Broadway St, Pearland, TX 77581
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    1427 Broadway St Pearland, TX 77581
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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
    1427 Broadway St Pearland, TX 77581
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