Property profile

8540 Broadway St Pearland, TX 77584

FOR SALE
Medical Office Space
Property ID
US83-1119220
25,862 SF 1.35 ac lot Built 2018
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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8540 Broadway St, Pearland, TX 77584 For Sale
$920,000 25,862 SF
8540 Broadway St, Pearland, TX 77584
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Property summary

AI-generated overview

This exceptional Class A medical office building, constructed in 2018, offers 23,000 square feet of prime space in Pearland, Texas. Located at 8540 Broadway St, zip code 77584, in Brazoria County, this two-story building boasts ample parking with a ratio of 4 spaces per 1000 square feet. Currently, there are multiple tenants, with 3,820 square feet of space immediately available for lease. The available space is flexible, accommodating needs ranging from 1,000 to 23,750 square feet. The building's modern design and prime location in a thriving medical corridor make it an ideal setting for a variety of medical practices. The property's excellent condition and convenient amenities ensure a comfortable and productive work environment. This is a rare opportunity to secure high-quality medical office space in a rapidly growing area. The building's strategic location provides easy access to major roadways and a diverse patient base. With its impressive specifications and desirable location, this property represents a sound investment opportunity for medical professionals seeking to establish or expand their practice. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2018
Total area 25,862 SF
Lot 1.35 ac (58,706 SF)
APN 7049-0001-003
UPID US83-1119220

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
  • Physician
  • Physician
  • Dental Office
  • Medical Clinic
  • Pediatrician Medical Clinic

Location

8540 Broadway St Pearland, TX 77584
Pearland metro Census 660704 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$925k
CAP Approach CAP
by Request
Comparable Approach Comparable
$916k
Blend (final) Blend
$920k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.5M +5.7%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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