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$610,000

0 Bailey Road, Pearland, TX, 77584

On MarketInfo

About this property

New C-Store open on the Southeast corner of Bailey Road & Cullen Parkway, and new C-Store and Shopping Center under construction on the Southwest corner of Bailey Road and Cullen Parkway, directly across from the Property. This cleared, 1.7 +/- acre tract is well located on Bailey Road [County Road 101], just minutes from the Silverlake, Silvercreek, Sedona Lakes and Pomona subdivisions. With direct Northbound and Southbound access to Highway 288. Daily traffic counts continue to increase as the major expansion of Broadway Street begins. Check with the City of Pearland for current location of COP water and wastewater, as well as COP Zoning requirements, Unified Development Code [UDC] land use and drainage requirements & restrictions. The lot lies approximately 2.4 miles East of Highway 288, approximately 2 miles South of Broadway Street, and approximately 5 miles West of Highway 35 and Pearland High School. Tons of possibilities!

Investor Tools

$0Estimated Mortgage Balance
$610,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,660 /month
Positive
Cash Flow Estimate:
$1,220 /month

Interested in this property?

Andrew Pikoff

Keller Williams Preferred

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Pearland

0 Bailey Road | Property Details | No Agent List