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2624 Mchard Rd Pearland, TX 77584-4028

OFF-MARKET Banks Google Maps
2,570 SF 0.5 ac lot Built 1994
Entity Owned 3-yr Hold ~ Est. High Equity
Estimated value (blended)
$265k
Range $239k – $292k (±10%)
Property ID US82-3957338

Property summary

AI-generated overview

This exceptional 2,570 square foot property, situated on a half-acre lot in Brazoria County, Texas, presents a unique investment opportunity. Located at 2624 McHard Rd, Pearland, TX 77584, this former bank building boasts a highly visible corner location at the lighted intersection of McHard Rd and Country Place Parkway, ensuring excellent exposure to high traffic counts. The property's versatile zoning allows for a variety of uses, including retail, office, or medical facilities, making it ideal for redevelopment. Its strategic location within the thriving Pearland submarket offers easy access to major thoroughfares like Highway 288 and Beltway 8, providing convenient access for both employees and customers. The property's proximity to numerous retailers and densely populated residential areas further enhances its appeal and potential for strong returns. The single-tenancy building offers flexibility for a variety of business models. This is a rare opportunity to acquire a well-positioned property in a rapidly growing area with significant upside potential. The property is zoned for redevelopment, offering a blank canvas for a creative and profitable venture. Don't miss this chance to capitalize on the vibrant Pearland market.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1994
Total area 2,570 SF
Lot 0.5 ac (21,824 SF)
APN 0174-0001-160
UPID US82-3957338

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

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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