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    8809 Broadway St Pearland, TX 77584
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    Property profile & analytics

    8809 Broadway St, Pearland, TX 77584

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    • Strip malls
    • 8,950 SF
    • 8.06 lot acres
    New Development in Pearland, Texas For Lease
    $555,000

    New Development in Pearland, Texas

    New commercial development in rapidly growing Pearland, Texas.

    8809 Broadway St, Pearland, TX 77584
    View Listing
    Property ID
    US82-4127729
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $555,000
    Cap Rate Potential
    Location Intelligence

    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 type
    Strip malls
    Property subtype
    Shopping 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

    based on Realmo’s proprietary methodology
    • 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

    Get a detailed, property-specific estimation — fast and free


    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2018
    $64,768
    $2,705,880
    $52,290
    $2,758,170
    -
    $2,705,880
    $52,290
    $2,758,170
    View Listing
    More about this property
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