7615 Bailey Rd Pearland, TX 77584
This exceptional 0.85-acre property, located at 7615 Bailey Rd in Pearland, Texas (zip code 77584, Brazoria County), presents a compelling investment opportunity. Currently zoned Suburban Residential, this versatile lot features a pre-existing 2,500 square foot metal building, offering significant potential for adaptive reuse. The building's existing structure provides a solid foundation for a variety of commercial or residential ventures, minimizing initial construction costs. The property's prime location along Bailey Road offers convenient access to major thoroughfares, including Highway 288, 1128, and 518/Broadway, ensuring excellent visibility and connectivity. The asking price is $425,000. The property's APN is 0547-0028-008. This land parcel is situated in a rapidly growing area of Pearland, with new commercial developments underway nearby, suggesting strong potential for future appreciation. The existing metal building and strategic location make this a highly attractive option for developers, investors, or those seeking a unique property for personal use. The property's size and zoning provide flexibility for a range of development possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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