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Property profile & analytics
OFF-MARKET Estimated value $4,190,000
Community centers

2650 Pearland Pkwy Pearland, TX 77581-5354

128,754 SF 14.83 ac lot Built 2014
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US82-9524970
Property summary
AI-generated overview

The Center at Pearland Parkway offers a prime retail opportunity in Pearland, Texas. This large shopping center boasts over 258,031 square feet of space and is anchored by national tenants including Ross, TJ Maxx, Petco, Palais Royal, and H-E-B, ensuring high foot traffic and brand recognition. Currently, a single, sizable vacant suite of 6,700 square feet is available, ideal for a variety of retail uses. The center is strategically located at the busy intersection of Pearland Parkway and FM 518, providing exceptional visibility and accessibility to a thriving, affluent community. This location within a rapidly growing suburb of Houston offers significant potential for business growth and strong returns. The property is situated in Brazoria County and presents a rare opportunity to establish a presence in a well-established and successful shopping center with a diverse tenant mix. The substantial size of the available space allows for flexibility in design and layout, catering to a wide range of retail concepts. This is an exceptional opportunity to capitalize on the strong demographics and high traffic volume of this premier Pearland location. The existing tenant mix provides a synergistic environment, attracting a broad customer base.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2014
Total area 128,754 SF
Lot 14.83 ac (645,890 SF)
APN 3413-0001-002
UPID US82-9524970
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
  • Five Below (Bike/Boat/Book/etc) Store
  • T.J. Maxx (Bike/Boat/Book/etc) Store
  • Petco (Bike/Boat/Book/etc) Store Pet Store & Service
  • Kenny Burns Barber Shop Barber Shop
  • Michele's Barber Shop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.19M
Owner & transaction history
Pearland Dunhill 1 LLC · 9 yrs held
Pearland Dunhill 1 LLC
since 2017
2 recorded transactions
2017
Price N/A
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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