Technical
Financial
Distress signals
Property profile

3117 Main St Pearland, TX 77581

OFF-MARKET
Retail space
Property ID
US82-3163513
1,350 SF 0.55 ac lot Built 1965
Entity Owned 13-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Total area 1,350 SF
Lot 0.55 ac (23,958 SF)
APN 0147-0022-000
UPID US82-3163513

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Rental Facility
  • Auto Parts Store

Location

3117 Main St Pearland, TX 77581-4713
Pearland metro Census 660301 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2012
4 recorded transactions
2020
Price N/A
2012
Price N/A
1969
Price N/A
1969
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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