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    1823 Main St Pearland, TX 77581

    For Sale
    $120,000

    Thriving Liquor Store, High NOI

    Property size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This profitable Pearland, Texas liquor store is available for $120,000 (excluding inventory). The 1,800 square foot storefront, built in 2018, boasts a convenient drive-thru and enjoys a prime location in a high-traffic area. Generating $425,000 in gross revenue and a net operating income (NOI) of $62,215, this established business offers a strong return on investment. The lease is a triple net (NNN) agreement with a current monthly rent of $2,200. The current lease has three years remaining in the current option period, followed by a five-year option. The original lease term was 15 years. All furniture, fixtures, and equipment are included in the asking price. The business benefits from a stellar reputation, evidenced by a 4.8 Google rating. This turnkey operation presents a rare opportunity for an owner/user or investor seeking a profitable, established business in a desirable location within Brazoria County. The inventory is available for an additional $200,000.

    Property Features for 1823 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,800 SF

    Building Details

    Year Built
    2018
    Units
    1

    HighLights

    • Asking Price: $120,000 (plus $200,000 inventory).
    • Annual Cash Flow: $62,215.
    • Gross Annual Revenue: $425,000.
    • Lease: 1,800 SF, $2,200/month, expiring 6/30/2031.
    • Fixtures, Furniture & Equipment (FF&E) Included.
    • High‑Visibility Location in Brazoria County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wizard Liquor Pearland Liquor Store

    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
    -95.2856645
    Latitude
    29.5752139

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    FAQs

    What type of property is this?
    Individual retail property - Thriving Liquor Store, High NOI
    Where is this individual retail property located?
    The property is located at 1823 Main St Pearland, TX.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: Asking Price: $120,000 (plus $200,000 inventory).; Annual Cash Flow: $62,215.; Gross Annual Revenue: $425,000.
    Request Owner's contact information
    1823 Main 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
    1823 Main St Pearland, TX 77581
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