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0 Pearland Parkway Pky - 1.215 Acres Pearland Pky Near Magnolia Pky 1.22 Acres of Commercial Land Offered at $549,000 in Pearland, TX 77581
INVESTMENT HIGHLIGHTS
- Heavy Traffic Counts
- City of Pearland Caps Tree mitigation to 4% of development cost
- Near Busy Intersection
- Rectangular in Shape
- Surrounded by Residential and Commercial Development
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $549,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.22 AC |
| Property Type | Land | ||
| Zoning | General Business | ||
| Price | $549,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.22 AC |
| Zoning | General Business |
1 LOT AVAILABLE
Lot
| Price | $549,000 | Lot Size | 1.22 AC |
| Price Per AC | $450,000.00 |
| Price | $549,000 |
| Price Per AC | $450,000.00 |
| Lot Size | 1.22 AC |
1.215 Acres just North of the Northwest Corner of Pearland Parkway and Magnolia Parkway. Southern Tract 2 or 2 tracts included in a total 2.43 acre parcel along Pearland Parkway with 510 Ft of frontage in full.
DESCRIPTION
The subject property (Tract 2 of 2) consists of 1.215 acres of undeveloped land located near the NWC of Pearland Parkway and Magnolia Parkway, at the main entrance of Pearland Park Estates, a development consisting of 135 single-family homes. The sites are surrounded by multiple high density single-family developments. Pearland has experienced a development boom and is surrounded by major retailers, restaurants, grocers, and national and local businesses. Pearland Parkway is a major thoroughfare of Pearland touting roughly 18,000 to 33,000 cars per day in areas. The intersection of Pearland Parkway and Broadway St. has become a major retail and business corridor in recent years. *NEW* CITY OF PEARLAND CAPS TREE MITIGATION AT 4% OF DEVELOPMENT COSTS.
PROPERTY TAXES
| Parcel Number | 0147-0062-003 | Improvements Assessment | $0 |
| Land Assessment | $129,960 | Total Assessment | $129,960 |
PROPERTY TAXES
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0 Pearland Parkway Pky - 1.215 Acres Pearland Pky Near Magnolia Pky
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