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4500 Pearland Pky

51.67 Acres of Commercial Land Offered at $9,002,980 in Pearland, TX 77581

Investment Highlights

  • APPROX 1,200 LINEAL FEET FRONTAGE PEARLAND PKWY at only $3.40/SF FOR ALL 51.672AC
  • SMALL PARCEL PRICING REFLECTED ON CONCEPT DRAWING #1 ABOVE
  • 5.19AC RETAIL SITE PEARLAND PRKWY FRONTAGE $11/SF; 7.91AC 55+ APTS ON LAKE $9.25/SF; 11.61AC SENIORS TAX CREDIT APTS $8/SF; 27AC SENIORS TH 2.50/SF
  • + - 10 ACRE LAKE (DETENTION POND) INCLUDED Per Seller NET + - 51.672AC DETENTION REQUIREMENTS MITIGATED IN DETENTION POND LAKE subject to verification
  • SECONDARY ACCESS TO STATE HIGHWAY 35 VIA INDUSTRIAL DRIVE
  • OWNER WILLING TO ASSIST WITH REZONING LAND USE FROM M-1 (LIGHT industrial) TO PD Mixed Use POSSIBLE

Executive Summary

APPROXIMATELY 51AC ON PearlandParkway between OILER Drive & DIXIE FARM Road CONCEPT DRAWING
BUY ALL 51.672AC FOR JUST $4.00/SF !!! .... OR BUY SMALL PARCELS AT LISTED PRICES ON "CONCEPT DRAWING" FOR "CONTINUING CARE RETIREMENT COMMUNITY" (CCRC) -TOTAL SITE + - 60AC - INCLUDES APPROX. 10AC DETENTION POND W VOLUME CAPACITY FOR 51.672AC NET DEVELOPMENT ACRES -EXCELLENT PROPERTY WITH + - 1,200 FEET FRONTAGE ON PEARLAND PARKWAY BETWEEN OILER DR & DIXIE FARM RD. WITH ACCESS TO STATE HIGHWAY 35 VIA INDUSTRIAL DRIVE. CITY OF PEARLAND MAY BE FAVORABLY DISPOSED TO REZONING M-1 (LIGHT INDUSTRIAL) PART TO MIXED USE PLANNED UNIT DEVELOPMENT, IE. RETAIL, TOWNHOUSE, SENIOR HOUSING, ETC. OWNER REPORTS ALL DETENTION REQUIREMENTS ACCOMMODATED IN + - 10 AC DETENTION POND.
EXCELLENT LARGE PARCEL (Most LAND currently zoned LIGHT INDUSTRIAL), LOCATED WEST SIDE PEARLAND PARKWAY, SOUTH OF OILER DR. & NORTH OF DIXIE FARM ROAD, WITH REAR (SECONDARY) ACCESS TO SH35 (PEARLAND MAIN STREET) VIA INDUSTRIAL DRIVE.

Property Facts

Price $9,002,980
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
Total Lot Size 51.67 AC

1 Lot Available

Lot

Price $9,002,980
Price Per AC $174,239.98
Lot Size 51.67 AC

APPROXIMATELY 51AC ON PearlandParkway between OILER Drive & DIXIE FARM Road CONCEPT DRAWING BUY ALL 51.672AC FOR JUST $4.00/SF !!! Currently PUD.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0551-0010-120
  • 0399-0006-001
Land Assessment
$1,197,120
Improvements Assessment
$0
Total Assessment
$1,197,120
  • Listing ID: 4012737

  • Date on Market: 3/17/2016

  • Last Updated:

  • Address: 4500 Pearland Pky, Pearland, TX 77581

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