Michael Gage 2813825460

Pearland Parkway - 2 Parcels 1.215 Ac each at Pearland Parkway 1.22 Acre of Commercial Land Offered at $549,000 - $599,000 Per Lot in Pearland, TX 77581

INVESTMENT HIGHLIGHTS

2 separate parcels each containing roughly 1.215 acres.

EXECUTIVE SUMMARY

The Subject Property is a 2.43 Acre tract of undeveloped land that is being sold as 2 separate parcels each containing roughly 1.215 acres. Parcel 1 is located closest to the hard corner at John Lizer Rd and Pearland Parkway and Parcel 2 is located adjacent to the north at the corner of Heaton Rd. The Subject Property is at the entrance of Pearland Park Estates, a small community of 135 single family homes and also surrounded by multiple high density single family developments. This area of 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. Per FEMA Flood Map, small portions of the property lay within a low risk flood zone. For more information please contact the Listing Broker.

2.43 Ac Land Survey-Pearland Parkway Cropped

Sale Flyer-Land-Tract 2-1.215 Ac Pearland Parkway

Sale Flyer-Land-Tract 1-1.215 Ac Pearland Parkway

Sale Flyer-Land-2.43 Acres Pearland Parkway + Heaton Rd.

PROPERTY FACTS

Price	$549,000 - $1,148,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Office Mixed Use Fast Food Medical Neighborhood Center Restaurant Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center
No. Lots	2	Total Lot Size	2.44 AC
Property Type	Land
Zoning	General Business

Price	$549,000 - $1,148,000
Sale Type	Investment or Owner User
No. Lots	2
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Fast Food Medical Neighborhood Center Restaurant Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center
Total Lot Size	2.44 AC
Zoning	General Business

2 LOTS AVAILABLE

Lot 1

Price	$599,000	Lot Size	1.22 AC
Price Per AC	$490,983.61

Price	$599,000
Price Per AC	$490,983.61
Lot Size	1.22 AC

Parcel 1, southern most portion, is located closest to the hard corner at John Lizer Rd and Pearland Parkway. A portion of this parcel does lay within the lower risk 0 .2% (500 year) flood hazard area.

Lot 2

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

Parcel 2, northern most portion, is located adjacent to the north at the corner of Heaton Rd.

DESCRIPTION

The Subject Property is a 2.43 Acre tract of undeveloped land that is being sold as 2 separate parcels each containing roughly 1.215 acres. Parcel 1 is located closest to the hard corner at John Lizer Rd and Pearland Parkway and Parcel 2 is located adjacent to the north at the corner of Heaton Rd. The Subject Property is at the entrance of Pearland Park Estates, a small community of 135 single family homes and also surrounded by multiple high density single family developments. This area of 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. Per FEMA Flood Map, small portions of the property lay within a flood zone. For more information please contact the Listing Broker.