00 Magnolia Pkwy Pearland, TX 77584

Property Details for 00 Magnolia Pkwy

Lot size

1.97 lot acres

Property type

Land

Description

This exceptional 1.97-acre cleared pad site in Pearland, Texas, presents a remarkable opportunity for commercial development. Boasting 216+ feet of frontage on Magnolia Parkway, this property enjoys high visibility from FM 1128/Manvel Road, situated next to a 7-Eleven at a major traffic light intersection. Access is convenient via shared access drives from both Magnolia Parkway and FM 1128. All Pearland city utilities are readily available. An existing off-site shared detention system includes an oversized conveyance line running from the property's southeast corner. This site is part of an approved Planned Development, anchored by a currently under-construction 360-unit Class A multifamily project, ensuring a thriving surrounding community. The lot will be elevated 2 feet above the 500-year Base Flood Elevation, providing peace of mind. The property is zoned for General Business use and will be "shovel ready," minimizing development delays. Its strategic location offers easy access to major thoroughfares: 3.5 miles east of Hwy 288, 3.3 miles west of Hwy 35, 6 miles north of Hwy 6, 1 mile south of FM 518, 15 miles south of the Texas Medical Center, and 18 miles south of Downtown Houston. The area is experiencing significant growth, with Pearland's new Massey Oaks Ranch Master-Planned Community adding approximately 950 new homes just south of the site. Nearby schools include Massey Oaks Elementary, Miller Junior High, and Rogers Middle School. Comprehensive due diligence reports, including a Phase 1 Environmental Assessment, Traffic Impact Analysis, and Geotechnical reports, will be provided upon execution of a contract. The Planned Development document details numerous approved uses for the site. This is an exceptional investment opportunity in a rapidly expanding area.

Location Insight

City

Pearland

County

Brazoria

State

Texas

Longitude

-95.3323

Latitude

29.5435