2985 Kingsley Dr Pearland, TX 77584
This exceptional 18.26-acre land parcel presents a remarkable investment opportunity in Pearland, Texas. Strategically located between Broadway Street and Magnolia Parkway, with direct access to Highway 288, this property benefits from its position in a rapidly growing area. The unrestricted land use allows for maximum flexibility, accommodating residential, commercial, or mixed-use development. Surrounding the property are thriving communities including Shadow Creek Ranch (a 3,500-acre master-planned community with over 14,000 residents), Southern Trails (1,348 homes), Southern Oaks (372 homes), and Pomona (a 1,100-acre master-planned development with a projected 2,200 homes). Pearland's robust economic fundamentals, booming population, and rising property values further enhance this property's appeal. The site boasts utilities at the location, is not situated in a flood zone, and has no easements. The asking price is $5,170,140, translating to $6.50 per square foot. With approximately 660 square feet of frontage and high traffic volume at the intersection of Kingsley Drive and Magnolia Parkway, this property offers unparalleled potential for significant returns. This is an exceptional opportunity to capitalize on Pearland's continued expansion and strong market conditions.
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
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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.