2905 Smith Rd Pearland, TX 77584
- Commercial real estate
- 20.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2905 Smith Rd
- Lot size
- 20.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 20-acre commercial land parcel, located at 2905 Smith Rd, Pearland, Texas 77584, presents a unique investment opportunity. Priced at $4,900,000 ($5.62 per square foot), this property offers significant potential for development. Alternatively, a 15-acre portion is available for $3,400,000 ($5.20 per square foot), or a 5-acre parcel for $1,500,000 ($6.89 per square foot). The property includes a 1,452 square foot house. Its strategic location provides convenient access to major thoroughfares, including Beltway 8 and SH 288, with FM 518 approximately one minute away. The property enjoys proximity to key destinations such as the Texas Medical Center (13 miles), Downtown Houston (16 miles), and Houston Hobby Airport (12 miles). This area is experiencing significant growth, with notable developments underway, including the expansion of the Pearland campus of Memorial Hermann and the construction of a 27,000-square-foot expansion of the Kelesy-Seybold Clinic on State Highway 288. A new Pearland Marriott Residence Inn is also planned. Furthermore, the property is adjacent to a 26,000 square foot retail development by Braun Enterprises. This prime location and the surrounding growth make this an attractive investment for various commercial ventures.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pearland
- County
- Brazoria
- State
- Texas
- Longitude
- -95.36440395332
- Latitude
- 29.556216236942
