Technical
Financial
Distress signals
Property profile

7902 Broadway St Pearland, TX 77581

OFF-MARKET
Strip malls
Property ID
US82-1283391
8,500 SF 0.95 ac lot Built 2009
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Tranquility Plaza offers exceptional leasing opportunities in Pearland, Texas. Located on busy Broadway Street, this single-story, 10,800 square foot building boasts two suites, each divisible to a minimum of 1,200 square feet, with a total of 2,400 square feet currently vacant. Built in 2009, the property sits on 2.06 acres and provides ample parking with 44 spaces. The building features a modern design with gray and beige trim, creating a sophisticated atmosphere. Its prime location on Broadway Street ensures high visibility, benefiting from over 27,000 vehicles passing daily. The surrounding area includes affluent communities like Shadow Creek Ranch, Mirror Lake, and Silverlake, with an average household income exceeding $123,618 within a 3-mile radius. This presents a strong potential customer base for a variety of businesses, including medical, office, and retail. The property's diverse tenant mix creates a vibrant commercial hub, attracting significant foot traffic. The available spaces are ideal for businesses seeking high visibility and a thriving Pearland location. The property is categorized as retail, office, and restaurant space, with the available suites specifically classified as traditional office and storefront spaces. No elevators are present in the single-story building.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2009
Total area 8,500 SF
Lot 0.95 ac (41,360 SF)
APN 0242-0001-000
UPID US82-1283391

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
  • High School Daycare Center
  • Hair Salon Nail Salon
  • Restaurant
  • Construction Company General Contractor
  • Marketing & Advertising Advertising Agency

Location

7902 Broadway St Pearland, TX 77581-7063
Pearland metro Census 660705 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2019
Price N/A
2012
Price N/A
2006
Price N/A
1969
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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