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Property profile & analytics
OFF-MARKET
Neighborhood centers

15718 State Hwy Pearland, TX 77584

16,350 SF Built 2014
Property ID
Property summary
AI-generated overview

This exceptional 16,350 square foot retail and restaurant property, located at 15718 State Hwy 288 in Pearland, Texas (zip code 77584), presents a compelling investment opportunity. The property, classified as Class B, was constructed in 2014 and underwent renovations in 2019. The building boasts a multi-tenant configuration, currently featuring a mix of retail and restaurant businesses. Two spaces are immediately available, ranging from 1,551 to 1,736 square feet, providing flexibility for various business types. The property sits on a 2.33-acre lot and offers ample parking with a ratio of 10 spaces per 1,000 square feet of building area, totaling approximately 163 spaces. The building is a nine-story structure, though the specific use of all nine stories is not detailed. Currently, 2,000 square feet of space is vacant, presenting a unique chance to expand existing businesses or attract new tenants to this thriving Pearland location. The property's strategic location on State Highway 288 ensures high visibility and accessibility, making it an ideal location for businesses seeking strong foot traffic and convenient access for customers. This is a rare opportunity to acquire a well-maintained, established retail center in a rapidly growing market.

Property profile
Verified
Property type Neighborhood centers
Year built 2014
Total area 16,350 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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