Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    16622 Mclean Rd Pearland, TX 77584

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    16622 Mclean Rd Pearland, TX 77584

    View on Map
    • Commercial land
    For Sale
    $325,000
    View Listing →
    Corner Lot Ready for Development For Sale
    $325,000

    Corner Lot Ready for Development

    0.57-acre corner lot in Pearland with high visibility.

    16622 McLean Rd, Pearland, TX 77584
    View Listing
    Property ID
    US82-3782753
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 16622 Mclean Rd

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    This .57-acre corner lot in Pearland is ready for development and benefits from high visibility at the intersection of Bailey and McLean Road. The property features curb cuts on both Bailey and McLean, enhancing accessibility. It is currently zoned SR-15 (Suburban-Residential-15), interested parties should contact the City of Pearland to inquire about permissible uses. There is a sewer line running along McLean Road, but there is no nearby waterline according to city of Pearland utility maps. Please ask for more information about the ground lease opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pearland
    County
    Brazoria
    State
    Texas
    Longitude
    -95.2978031
    Latitude
    29.5304093

    Comparable in this City

    • $149,000

      Pearland Pad Site Opportunity

      0.6095-acre hard corner pad site in Pearland, Texas.
      00 Cullen Pkwy, Pearland, TX 77584
      View Details
    • $750,000
      1,454 SF

      Commercial Land For Sale

      1.7 acres of land suitable for commercial development.
      8022 Bailey Rd, Pearland, TX 77584
      View Details
    • $325,000

      Corner Lot Ready for Development

      0.57-acre corner lot in Pearland with high visibility.
      16622 Mclean Rd, Pearland, TX 77584
      View Details
    • Contact for pricing

      Prime Commercial Land Near SH 288

      2.46 acre site near Pearland Town Center and Costco.
      288 Business Center Dr, Pearland, TX 77584
      View Details

    Similar Nearby for Sale

    • $2,200,000

      Undeveloped Land in Growing Area

      3.75 acres of unimproved land suitable for various uses.
      8518 Hawk Rd, Pearland, TX 77584
      View Details
    • $2,500,000

      Pearland Airpark Aviation/Commercial Land

      12.85 acres of versatile aviation or commercial-use land.
      7911 James St, Pearland, TX 77584
      View Details
    • $149,000

      Pearland Pad Site Opportunity

      0.6095-acre hard corner pad site in Pearland, Texas.
      00 Cullen Pkwy, Pearland, TX 77584
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Development in Pearland, Texas

      New commercial development in rapidly growing Pearland, Texas.
      8809 Broadway St, Pearland, TX 77584
      View Details
    • Contact for pricing

      Commercial Land Near Houston Port

      Commercial land for rent near major Houston landmarks.
      3311 Silverlake Village Dr, Pearland, TX 77584
      View Details
    • Contact for pricing

      Prime Retail Land on Broadway

      1.09 acre retail land with high traffic exposure.
      10011 Broadway St, Pearland, TX 77584
      View Details
    • Contact for pricing

      Versatile Commercial Space in Pearland

      2,000 sq ft space ideal for various businesses.
      1906 Country Place Pkwy, Pearland, TX 77584
      View Details
    • Contact for pricing

      Retail Center For Lease

      New retail center with highway access, completion in Summer 2026.
      9121 Broadway St, Pearland, TX 77584
      View Details
    • Sponsored
      Contact for pricing

      Town center

      Discover many ways to work your way in Town center
      11200 Broadway St, Pearland, TX 77584
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16622 Mclean Rd
    Pearland, TX 77584
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!