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    Property profile & analytics
    OFF-MARKET Estimated value $940,000
    Warehouses

    1855 Cullen Blvd, Pearland, TX 77581-8931

    15,270 SF 10 ac lot Built 1991
    Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US82-3701723
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a substantial 10-acre industrial property in Pearland, Texas, featuring two warehouses totaling approximately 36,576 square feet. The front building, constructed in 1991, offers 21,576 square feet of space, currently divided into several units. Unit 103 (13,500 sq ft), Unit 103 Extension (1,000 sq ft), Unit 107 (6,500 sq ft), and Unit 113 (576 sq ft) are all currently vacant, presenting immediate leasing potential. The rear building, built in 1999, comprises 15,000 square feet and includes several occupied units: Unit 304 (5,000 sq ft), Unit 306 (2,500 sq ft), Unit 308 (2,500 sq ft), Unit 309 (2,500 sq ft), and Unit 312 (2,500 sq ft). Two of these units are owner-occupied. The property is equipped with a septic system and a water well. Its strategic location offers convenient access to major areas, including approximately 26 minutes to Sugar Land, 30 minutes to the Galleria, 24 minutes to Downtown Houston, 24 minutes to William P. Hobby Airport, 25 minutes to League City, 12 minutes to Memorial Hermann Hospital, and 7 minutes to HCA Houston Healthcare. This property is priced at $3,500,000 and presents a compelling opportunity for significant return on investment. The property is located at 1855 Cullen Blvd, Pearland, TX 77581, in Brazoria County.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1991
    Total area 15,270 SF
    Lot 10 ac (435,426 SF)
    APN 0243-0001-000
    UPID US82-3701723
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • All About Outdoor Lighting Landscaping
    • All Wood Industries Inc General Contractor
    • Top Quality Services, LLC Auto Repair Shop
    • Line Drive Sports Arcade & Gaming Center Sports Field & Court
    • Fielder's Choice Landscaping General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $600k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.28M
    Blend (final) Blend
    $940k
    Owner & transaction history
    Vndo Holdings LLC · 7 yrs held
    Vndo Holdings LLC
    since 2019
    4 recorded transactions
    2020
    2019
    2017
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $1.3M +16.8%
    Retail stores $1.2M +3.6%
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