Well positioned behind the immediate frontage of State Highway 288, this 16.61-acre development opportunity brings its investor a unique site to develop a variety of uses. The flexibility of the site's BP-288 zoning allows an investor to maximize the development potential, ensuring the site will be home to development both robust in size and financial reporting.
The land is predominantly clear today, and the existing structures offer potential for office space through pre-development or short-term leasing revenue through the planning process.
The site is in Pearland, Texas, a suburb of Houston, Texas.
Highlights
16.61 acres of raw land zoned BP-288
Attractive zoning allows a multitude of permitted & conditional uses Ideally located along Highway 288, North of Highway 6 & South of Beltway 8
Surrounded by ample retail developments & national brands
Property taxes pre-paid through 2026
Existing structures & land offer immediate leasing opportunities through pre-development
Property Type: Industrial
Lot Area: 16.61 acres
Zoning: BP-288
Well positioned behind the immediate frontage of State Highway 288, this 16.61-acre development opportunity brings its investor a unique site to develop a variety of uses. The flexibility of the site's BP-288 zoning allows an investor to maximize the development potential, ensuring the site will be home to development both robust in size and financial reporting.
The land is predominantly clear today, and the existing structures offer potential for office space through pre-development or short-term leasing revenue through the planning process.
The site is in Pearland, Texas, a suburb of Houston, Texas.
Highlights
16.61 acres of raw land zoned BP-288
Attractive zoning allows a multitude of permitted & conditional uses Ideally located along Highway 288, North of Highway 6 & South of Beltway 8
Surrounded by ample retail developments & national brands
Property taxes pre-paid through 2026
Existing structures & land offer immediate leasing opportunities through pre-development
Property Type: Industrial
Lot Area: 16.61 acres
Zoning: BP-288
PROPERTY DESCRIPTION
ADDRESS
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CITY, STATE, & ZIP
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UNITS
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YEAR BUILT
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BUILDING SF
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TYPE
Property Type: Industrial
CONSTRUCTION
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ZONING
Zoning: BP-288
APN
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OFFERING SUMMARY
SALE PRICE
PRICE PER UNIT
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PRICE PER SF
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CAP RATE
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MARKET CAP RATE
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GRM
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MARKET GRM
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