Property profile

35 And English Lk Dr Pearland, TX 77581

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 1.98-acre platted site in Pearland, Texas, presents a remarkable opportunity for commercial development. Located at the intersection of Texas Highway 35 and English Lake Drive, this property boasts a highly desirable location at the entrance to upscale residential communities, including a 55+ apartment complex, and is just a block from a high school. The site benefits from easy access to Beltway 8, providing excellent connectivity throughout the Greater Houston area. Zoned for general commercial use, this land is ideal for a variety of projects, including self-storage facilities, retail developments, or specialized commercial ventures. On-site detention is already provided, simplifying the development process. An adjacent 5.368-acre site is also available for potential expansion or combined development. Pearland's reputation as a sought-after suburban community within the Greater Houston area ensures strong potential for future growth and high return on investment. The asking price for this strategically located property is $862,009. This presents a unique chance to capitalize on Pearland's thriving market and create a successful commercial venture. The property is situated in Brazoria County, Texas, with a zip code of 77581.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

35 And English Lk Dr Pearland, TX 77581
Pearland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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