8809 Broadway St Pearland, TX 77584
- Strip malls
- 8,950 SF
- 8.06 lot acres
Current Use by Public Records
- The Way of Life Church / Association / Organization
- State Farm Insurance / Insurance Agency
Property Details for 8809 Broadway St
- Year built
- 1985
- Lot size
- 8.06 lot acres
- Property size
- 8,950 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 0506-0017-000
- APU
- 5060017000
Description
This exceptional retail property, located at 8809 Broadway Street in Pearland, Texas, 77584, presents a unique investment opportunity. The site encompasses 8.06 acres of land and a total of 9,003 square feet of building space, currently offering multiple spaces for lease. Individual spaces range in size, with a minimum divisible space of 2,000 square feet. The property is ideally suited for a variety of retail uses, including restaurants and pad sites, and is situated within a thriving commercial area. Ample parking is provided, with a total of 139 spaces available for customers and employees. This brand new development is strategically positioned to serve a large regional trade area, encompassing portions of both Harris and Brazoria Counties. The property benefits from its proximity to several rapidly expanding master-planned communities, including Silverlake, Shadow Creek, and Southern Trails, ensuring a robust and growing customer base. Pearland's status as the third-largest city in the Greater Houston MSA and its consistent ranking as one of the fastest-growing cities in the area further underscores the exceptional potential of this investment. The property's location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking to establish a strong presence in this dynamic market. This is a rare opportunity to secure a prime retail location in one of Texas's most rapidly developing areas.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $615,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $492,000
Market price range: $308k - $492k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $385,000 Current use
- AUTO REPAIR, GARAGE
- $895,000 Change: +134% Conversion: Difficult
- WAREHOUSE, STORAGE
- $595,000 Change: +55% Conversion: Difficult
- OFFICE BUILDING
- $530,000 Change: +38% Conversion: Moderate
- MEDICAL BUILDING
- $500,000 Change: +31% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $390,000 Change: +2% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Pearland
- County
- Brazoria
- State
- Texas
- Longitude
- -95.3569
- Latitude
- 29.5598
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
