Technical
Financial
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Property profile

288 State Hwy Pearland, TX 77584

OFF-MARKET
Land
20.63 ac lot
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Property summary

AI-generated overview

This exceptional 20.63-acre commercial land parcel is situated in The Reserve at Shadow Creek Ranch, Pearland, Texas, a rapidly growing area within Brazoria County. Located on State Highway 288, this property boasts unparalleled visibility and accessibility. The site benefits from existing high-density utilities and off-site detention, eliminating costly infrastructure hurdles. Importantly, there are no medical restrictions, making it ideal for a wide range of commercial or medical developments. Direct access to the newly opened SH 288 Toll Road via a T-Ramp at Discovery Bay Boulevard provides exceptional connectivity. Pearland's booming economy, fueled by a surge in medical development (including new hospitals from Health South, HCA, and MHHS, along with numerous medical office buildings and corporate campuses), and significant non-medical job creation from companies like Ref-Chem, Dover Energy, Mitsubishi Corporation, and Lonza Life Science, creates a robust market for commercial ventures. Thousands of acres are under contract or development for new residential communities, further solidifying the long-term potential of this strategically located land. This presents a unique opportunity to capitalize on the area's explosive growth and establish a strong presence in a thriving market. The property's location at the heart of over $250 million in ongoing medical projects, combined with its superior access and visibility, makes it an unparalleled investment opportunity.

Property profile

Verified
Property type Land
Lot 20.63 ac (898,643 SF)

Cap rate & NOI

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

Location

288 State Hwy Pearland, TX 77584
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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