2745 Wagon Trl Rd, Pearland, TX 77584-1540
This exceptional investment opportunity presents a 4,600 square foot Class C retail auto shop located at 2745 Wagon Trail Rd, Pearland, TX 77584. The property boasts a strong 3.88% cap rate, generating a net operating income (NOI) of $27,000 annually, with a 100% occupancy rate. Built in 1980 and renovated in 2019, this single-story building sits on a 0.21-acre lot and includes 16 parking spaces. The property features three units and is zoned for commercial use. The asking price is $695,000, translating to $151.09 per square foot. The long-term tenant is planning to renew their lease, providing consistent cash flow. Further income potential exists through the repair and update of an additional structure on the property. Conveniently located off Wagon Trail Road, with direct access to FM 518, this property offers significant upside potential in the heart of East Pearland. The Brazoria County location and the property's four buildings add to its appeal. This is a rare opportunity to acquire a well-maintained, cash-flowing commercial property with significant growth potential. The property's APN is 2340-0002-000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.