Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    2000 Reflection Bay Dr Pearland, TX 77584

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2000 Reflection Bay Dr Pearland, TX 77584

    View on Map
    • Retail properties & Spaces
    • 15,500 SF
    For Lease
    $28 SF/Yr
    View Listing →
    Shops at Reflection Bay: Pearland Retail For Lease
    $28 SF/Yr

    Shops at Reflection Bay: Pearland Retail

    Prime Pearland retail space, 1,500-4,705 SF available.

    2000 Reflection Bay Dr, Pearland, TX 77584
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Shops @ Reflection Bay / Shopping Center & Mall
    • Quick Home Buyers Pearland / Real Estate Agency
    • Ultimate Solar Pearland / Solar Energy Contractor
    • Renzo Gracie Pearland / Training Center / Sports School
    • Pearland Beauty / (Bike/Boat/Book/etc) Store / Cosmetic Store

    Property Details for 2000 Reflection Bay Dr

    Year built
    2022
    Property size
    15,500 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional Class A retail property, the Shops at Reflection Bay, presents a unique leasing opportunity in the thriving Pearland, Texas market. Located at 2000 Reflection Bay Dr, 77584, this single-story, 15,500 square foot neighborhood strip center offers immediate occupancy in a brand-new building (2022 construction). Currently, 4,705 square feet of contiguous space is available, ideal for a variety of retail uses. Flexible space options range from a minimum of 1,500 square feet to a maximum of 4,705 contiguous square feet, with both end-cap and in-line spaces available to suit diverse business needs. The property boasts ample parking, with a ratio of 6.3 spaces per 1,000 square feet, ensuring convenient access for customers. Situated in Brazoria County, this location benefits from excellent visibility and accessibility within a dynamic and growing community. This is an unparalleled chance to establish a presence in a high-demand retail area. Contact us today to learn more about this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pearland
    County
    Brazoria
    State
    Texas
    Longitude
    -95.4075
    Latitude
    29.5766

    Comparable in this City

    • Value Estimation by Request
      13,600 SF

      11713 Shadow Creek Pkwy

      Retail properties & Spaces • 13,600 SF
      11713 Shadow Creek Pkwy, Pearland, TX 77584
      View Details
    • Value Estimation by Request
      10,655 SF

      11940 Broadway St

      Lifestyle centers • 10,655 SF
      11940 Broadway St, Pearland, TX 77584
      View Details
    • Value Estimation by Request
      2,377 SF

      8805 Broadway St

      Individual retail properties • 2,377 SF
      8805 Broadway St, Pearland, TX 77584
      View Details
    • Value Estimation by Request
      14,000 SF

      Swc & Sec Shadow Crk Pkwy & Kingsley Dr

      Retail properties & Spaces • 14,000 SF
      0 Swc & Sec Shadow Crk Pkwy & Kingsley Dr, Pearland, TX 77584
      View Details
    • Value Estimation by Request
      8,320 SF

      18806 Pearland Sites Rd

      Individual retail properties • 8,320 SF
      18806 Pearland Sites Rd, Alvin, TX 77584
      View Details
    • Value Estimation by Request
      14,789 SF

      10237 Bailey Rd

      Restaurants • 14,789 SF
      10237 Bailey Rd, Pearland, TX 77584
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,000 SF

      Fully Leased Car Wash Property

      Car wash for sale, currently fully leased.
      1980 Country Place Pkwy, Pearland, TX 77584
      View Details
    • $14,800,000
      47,385 SF

      Fully Occupied Retail Center For Sale

      Multi-tenant retail center in Pearland, Texas, 100% occupied.
      11710 Broadway St, Pearland, TX 77584
      View Details
    • $149,000

      Pearland Pad Site Opportunity

      0.6095-acre hard corner pad site in Pearland, Texas.
      00 Cullen Pkwy, Pearland, TX 77584
      View Details
    • Contact for pricing
      2,001 SF

      Retail Pad Site For Lease

      Retail pad site available for lease in Pearland, Texas.
      11003-11041 Shadow Creek Pkwy, Pearland, TX 77584
      View Details
    • $1,975,000
      0.40 Acres

      Pearland Car Wash Investment Property

      Fully leased car wash with landlord opportunity in Pearland.
      1980 Country Place Pkwy, Pearland, TX 77584
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      20+ acres available in Pearland's growing medical hub.
      State Highway 288, Pearland, TX 77584
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Development in Pearland, Texas

      New commercial development in rapidly growing Pearland, Texas.
      8809 Broadway St, Pearland, TX 77584
      View Details
    • $28 SF/Yr
      15,500 SF

      Shops at Reflection Bay: Pearland Retail

      Prime Pearland retail space, 1,500-4,705 SF available.
      2000 Reflection Bay Dr, Pearland, TX 77584
      View Details
    • Contact for pricing

      Mixed-Use Development in Pearland

      Retail, dining, office, residential, and hotel space available for lease.
      11200 Broadway St, Pearland, TX 77584
      View Details
    • Contact for pricing

      Prime Retail Land on Broadway

      1.09 acre retail land with high traffic exposure.
      10011 Broadway St, Pearland, TX 77584
      View Details
    • Contact for pricing

      Retail Space on Shadow Creek

      Retail space with frontage on Shadow Creek Parkway in Pearland.
      11901 Shadow Creek Pkwy, Pearland, TX 77584
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space for rent at 12567 Broadway St, Pearland, TX.
      12567 Broadway St, Pearland, TX 77584
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2000 Reflection Bay Dr
    Pearland, TX 77584
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!