288 State Hwy Pearland, TX 77584
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.
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
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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.