0 Broadway St And Kirby Dr Pearland, TX 77584
The Shops at Ridge Rock presents a unique 3-acre commercial development opportunity in the thriving Pearland, Texas market. This 24,000 square foot property, currently vacant, offers exceptional visibility and accessibility at the hard corner of Broadway and Kirby Drive. The site benefits from its strategic location near major retail centers including Pearland Town Center (featuring Macy's, Dillard's, and Barnes & Noble) and Shadow Creek Town Center (anchored by Ashley Furniture, Academy Sports, Hobby Lobby, and H-E-B, among others). The property is ideally situated to serve the substantial population of nearby master-planned communities such as Shadow Creek Ranch, Southern Trails, South Fork, and South Gate. A significant advantage is its proximity to the newly opened Shadow Creek Ranch 5A High School, a 72-acre campus with over 2,200 students and staff, ensuring high traffic and visibility. The property is suitable for a variety of uses, including medical office, retail, educational facilities, or other commercial ventures. The landlord is open to considering either a sale or a ground lease for the entire 3-acre tract. Future development plans include frontage pads for Starbucks and MedExpress. Rental rates are anticipated to be $30-$32 per square foot, plus NNN charges. This presents a rare chance to establish a prominent presence in a rapidly growing area with strong demographics and significant retail draw.
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.