3 Acres - Broadway St & Alexander Lane — Sale in Pearland, TX

  • Price: $1.6M
  • Listing type: For sale
  • Asset type: Business
  • Location: Pearland, TX 77581

Description

This 3 Acres Prime location in Thriving Growth Market is strategically positioned at the intersection of Alexander Lane and Broadway (FM 518) in Pearland, this 3-acre tract offers high-visibility frontage on one of the city’s most active commercial corridors.​ Broadway Street functions as Pearland’s primary east-west thoroughfare, connecting FM 518 with SH-288 and feeding traffic to adjacent residential neighborhoods and regional retail nodes.​ The site is situated within a robust retail and commercial sector of Pearland, where commercial acreage comprises over 69% of parcels along the Broadway corridor, primarily designated for retail, office, and service uses per the City’s land-use framework.​ Pearland regularly ranks among the fastest-growing suburbs in Greater Houston, supported by a strong population base and sustained household income levels.​ Development Opportunities includes the combination of strong retail traffic patterns, neighboring residential density, and broad commercial zoning along Broadway supports multiple high-value development strategies: Retail / Restaurant Pads - Build out pad-ready retail spaces suitable for national QSR, casual dining, banks, service tenants, or lifestyle outlets, leveraging the corridor’s high cars-per-day counts and proximity to retail anchors.​ Mixed-Use Development A small-scale mixed-use project combining ground-floor retail with office suites or residential above can serve nearby neighborhoods and offer a walkable destination node.​ Medical / Professional Office With nearby hospitals and healthcare office demand in Pearland and Shadow Creek Ranch, the site could accommodate medical or professional office space serving surrounding subdivisions.​ Best Use: Mixed-Use Retail / Commercial Development Given the site’s high visibility, Broadway frontage, established retail environment, and strong consumer base from nearby subdivisions, the optimal use is a retail-anchored mixed-use commercial development that combines: Grou

Market Context

This commercial property in Pearland, TX is listed for sale at $1,595,000. It has been on the market for 17 days. Compare it against other commercial property listings for sale in Pearland, TX — view the full market.

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