3117 Main St Pearland, TX 77581-4713
- Retail space
- 1,350 SF
- 0.55 lot acres
Current Use by Public Records
- U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency
- Xtreme Bed Liners of Pearland / Trailer Rental Service / Truck Rental Agency
Property Details for 3117 Main St
- Year built
- 1965
- Lot size
- 0.55 lot acres
- Property size
- 1,350 SF
- Property type
- Retail space
- APN
- 0147-0022-000
- APU
- 1470022000
Description
This exceptional business opportunity encompasses a thriving, family-owned auto shop and accompanying property in Pearland, Texas. The 36,953 square-foot facility, situated on a 0.848-acre corner lot, boasts high visibility and traffic due to its 165.07-foot frontage on State Highway 35. The property includes three buildings, all single-story structures built in 1965 with renovations in 1975, 2004, 2006, and 2016. The main building houses a well-equipped shop area with two bays for spray-on liners, a vehicle lift, and all necessary tools for vehicle upfits. Additional space includes a main office with workspace for tinting and ample storage, a private office (currently used for storage), and three separate storage buildings. The property features two entrances, a fenced rear area, over 80-85% paved/concrete surface, a monitored video security system, and a fire alarm system. The business is in good standing with the City of Pearland and has no history of flooding, per the seller. The sale includes the land and building, the entire business and its name, logo, websites, clientele, inventory, vehicles, product, and a U-Haul contract. This well-established business enjoys a strong reputation in Pearland and the surrounding areas. The property is zoned X500 (OUT), Panel-480077-0042 (Dec 30, 2020). The occupancy date is October 3, 2024. This is a turnkey operation ready for immediate success.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $280,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $250,000
- 6.5%
- $230,000
- 7%
- $215,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $300,000
- AUTO REPAIR, GARAGE
- $170,000
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Location Insight
- Map
- Local Demand
- City
- Pearland
- County
- Brazoria
- State
- Texas
- Longitude
- -95.2802
- Latitude
- 29.5522
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA