Technical
Financial
Distress signals
Property profile

1331 Broadway St Pearland, TX 77581

OFF-MARKET
Warehouses
Property ID
US82-3881048
28,800 SF 1.77 ac lot Built 1977
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 28,800-square-foot flex space, located at 1331 E. Broadway St., offers a prime opportunity for businesses seeking a versatile and strategically located property. Situated near the Pearland/Friendswood border, this single-story, 1977-built building boasts a recent 2023 renovation, ensuring modern amenities and functionality. The property features 20-foot ceilings, two drive-in bays, and sits on a 1.77-acre lot with excellent visibility from major roadways. Its convenient location provides easy access to the Gulf Freeway, Highway 35, and Beltway 8, allowing for seamless connectivity to Pearland, Friendswood, Alvin, Webster, and Clear Lake. Currently zoned for General Commercial use, this Class B building is ideal for a variety of uses, including retail, office, light industrial, and storage. There are three available spaces ranging from 905 to 6,888 square feet, with a total of 6,888 square feet currently vacant. The property's multiple tenancy allows for flexibility in lease terms and configurations. This is a rare opportunity to secure a well-maintained, highly visible, and conveniently located flex space in a thriving market. Contact us for more information and to schedule a viewing.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1977
Total area 28,800 SF
Lot 1.77 ac (77,145 SF)
APN 5411-0045-120
UPID US82-3881048

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Construction Company
  • Hair Salon
  • Medical Clinic Skin Care Clinic
  • HVAC Service General Contractor
  • Training Center Sports School

Location

1331 Broadway St Pearland, TX 77581-9301
Pearland metro Census 660100 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$840k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.90M
Blend (final) Blend
$1.37M

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2022
Price N/A
2017
Price N/A
2016
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $2.2M +3.6%

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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