2985 Kingsley Dr Pearland, TX 77584
- Land
- 18.26 lot acres
Current Use by Public Records
- Land
Property Details for 2985 Kingsley Dr
- Lot size
- 18.26 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pearland
- County
- Brazoria
- State
- Texas
- Longitude
- -95.417
- Latitude
- 29.5432
