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Pearland Parkway Pky - 1.215 Acres SWC Pearland Pkwy and Heaton Rd. 1.22 Acres of Commercial Land Offered at $599,000 in Pearland, TX 77581

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INVESTMENT HIGHLIGHTS

High Traffic Counts on Pearland Pky and Magnolia Pky
Surrounded by multiple Residential and Commercial Developments

Near Lighted intersection
Rectangular in Shape

EXECUTIVE SUMMARY

Great opportunity for a hard corner tract at Pearland Pkwy and Heaton Rd. Roughly 255 Ft of Frontage on Pearland Pkwy.

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

PROPERTY FACTS

Price	$599,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Office Mixed Use General Freestanding Medical Restaurant Storefront Storefront, Retail or Office Strip Center
No. Lots	1	Total Lot Size	1.22 AC
Property Type	Land
Zoning	General Business

Price	$599,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use General Freestanding Medical Restaurant Storefront Storefront, Retail or Office Strip Center
Total Lot Size	1.22 AC
Zoning	General Business

1 LOT AVAILABLE

Lot

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

1.215 Acres at the Southwest Corner of Pearland Parkway and Heaton Rd. Northern Tract 1 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 1of 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.