15718 State Hwy Pearland, TX 77584
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.