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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Magnolia Pkwy Pearland, TX 77584

0.8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.88-acre commercial land parcel presents a unique investment opportunity in the thriving city of Pearland, Texas. Situated on Magnolia Pkwy in Brazoria County, zip code 77584, this property boasts a highly desirable location within a dense residential area experiencing significant projected growth. The lot size is flexible, ranging from 0.8 to 3.88 acres, offering adaptability for various development plans. The property is zoned for commercial use, making it suitable for a wide range of businesses. Its strategic location provides excellent visibility and accessibility, with daily traffic counts exceeding 12,500 vehicles along Magnolia Pkwy. The area offers a strong demographic profile, with a 2021 population of 52,606 within a 3-mile radius and an average household income of $124,633. Nearby amenities include Pearland ISD schools, Centennial Park, and the Pearland Recreation Center, enhancing the property's appeal and attracting a diverse customer base. Utilities are readily available, simplifying the development process. The presence of established businesses such as Weatherford International in the vicinity further underscores the area's commercial viability. This property is an ideal choice for developers seeking a prime location with high growth potential in a vibrant and well-established community. Consider the possibilities for this versatile land parcel in a rapidly expanding market.

Property profile
Verified
Property type Retail properties & Spaces
Lot 0.8 ac (34,848 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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