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Property profile & analytics
OFF-MARKET
Land

0 Cullen Pkwy Pearland, TX 77584

1.74 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.741-acre commercial land parcel presents a prime investment opportunity in Pearland, Texas. Located on the northeast corner of Cullen Parkway (FM 865) and Fite Road, this hard corner pad site boasts a prominent traffic signal and significant road frontage: 245 feet on Cullen Parkway and 241 feet on Fite Road, with shared access drives from both streets. The property is zoned for General Business use and benefits from readily available city utilities and pre-existing off-site detention. It's part of the Residences on the Parkway planned development, a future 110-unit townhome community, ensuring a thriving surrounding neighborhood. This location offers unparalleled accessibility to major thoroughfares including the South Freeway (Highway 288), Sam Houston Parkway (Beltway 8), Highway 35, FM 518, Magnolia Parkway, and McHard Road, providing convenient access for customers and employees. The area is rich with residential communities, sports facilities, places of worship, and educational institutions. The City of Pearland offers attractive incentives for development. Proximity to Downtown Houston, the Texas Medical Center, and Hobby Airport further enhances its appeal. Ideal for a variety of uses, including retail centers, offices, restaurants, urgent care facilities, senior care facilities, churches, or daycare centers. Nearby amenities include Pearland Town Center, Silverlake Village, Cinemark Cinemas, Memorial Hermann and Kelsey-Seybold hospitals, the Pearland Recreation Center and Natatorium, and local parks. The property is also conveniently located near three master-planned communities: Shadow Creek Ranch, Silver Lake, and Southwyck. The asking price is $1,061,760. APN: 0242-0007-120. An additional 0.6095-acre pad site is also available nearby.

Property profile
Verified
Property type Land
Lot 1.74 ac (75,838 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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