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    5909 Broadway St Pearland, TX 77581

    For Sale
    $1,600,000

    4.66 Acres, Business Commercial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4.664-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Pearland, Texas. Located at 5909 Broadway St, 77581, this property boasts 208 feet of frontage and is conveniently situated within Brazoria County. Zoned for Business Commercial use, this versatile land is ready for development. The asking price is $1,600,000, translating to a land value of $7.88 per square foot. Importantly, this property is located outside of any designated flood plain, eliminating a significant risk factor for potential buyers. Utilities are readily available, with city-approved applications and tap fees in place. The land is partially cleared and has been previously used as a tree farm, landscaping business, and nursery, demonstrating its suitability for various commercial ventures. City of Pearland water and sewer lines are conveniently located in the street's right-of-way, directly in front of the property, simplifying infrastructure connections. This prime location offers excellent visibility and accessibility, making it ideal for a wide range of commercial developments. The property is owned by an LLC and is being offered with a broker co-op agreement. Don't miss this chance to acquire a significant piece of Pearland's commercial real estate market.

    Property Features for 5909 Broadway St

    General Information

    Property type
    Land
    Lot Size
    203,164 SF

    HighLights

    • $1,600,000 asking price.
    • 4.664‑acre commercial land parcel.
    • Business Commercial zoning in Pearland, Texas.
    • $7.88/SF land value.
    • No floodplain.
    Property Profile Location Intelligence

    Current Use by Public Records

    Verdant Tree Farm ... Tree Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pearland
    County
    Brazoria
    State
    Texas
    Longitude
    -95.311654447411
    Latitude
    29.55957433187

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    FAQs

    What type of property is this?
    Land - 4.66 Acres, Business Commercial Zoning
    Where is this land located?
    The property is located at 5909 Broadway St Pearland, TX.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: $1,600,000 asking price.; 4.664-acre commercial land parcel.; Business Commercial zoning in Pearland, Texas.
    Request Owner's contact information
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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
    5909 Broadway St Pearland, TX 77581
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