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Investment Highlights
- Owner-User Office Opportunity
- Zoned OP (Office & Professional)
- Effective Year Built: 1975
- Main Office Building with Detached Flex Building
- Convenient Access to TX-35, FM 518 (Broadway Street), SH 228 & the Sam Houston Tollway
Executive Summary
The subject property is an owner-user office opportunity located at 4702 W. Walnut Street in Pearland, Texas. Situated on a ±20,038 SF lot, the property features a ±896 SF main office building and a ±700 SF detached flex building, totaling approximately ±1,596 SF of improvements.
The main office building is configured with two private offices, a conference room, a reception/waiting area, a dedicated reception/administrative workspace, and a restroom, providing a functional layout for a variety of professional users. The building has also benefited from recent capital improvements, including a new roof, siding, and windows installed in March 2026.
Complementing the main building is a ±700 SF detached flex building that offers additional versatility for storage, administrative support functions, meeting space, records storage, or other operational needs. The detached flex building received a new roof and siding in 2018, further enhancing the property's overall functionality and condition.
The property is zoned OP (Office & Professional) and is well suited for attorneys, accountants, insurance agencies, real estate professionals, consultants, and other service-oriented businesses. Conveniently located with access to Texas State Highway 35, FM 518 (Broadway Street), State Highway 288, and the Sam Houston Tollway, the property offers excellent connectivity throughout Pearland, Houston, and the surrounding trade area.
This is a rare opportunity for an owner-occupant to acquire a standalone office property, control occupancy costs, and build long-term equity in one of the Houston area's most established and growing communities.
The main office building is configured with two private offices, a conference room, a reception/waiting area, a dedicated reception/administrative workspace, and a restroom, providing a functional layout for a variety of professional users. The building has also benefited from recent capital improvements, including a new roof, siding, and windows installed in March 2026.
Complementing the main building is a ±700 SF detached flex building that offers additional versatility for storage, administrative support functions, meeting space, records storage, or other operational needs. The detached flex building received a new roof and siding in 2018, further enhancing the property's overall functionality and condition.
The property is zoned OP (Office & Professional) and is well suited for attorneys, accountants, insurance agencies, real estate professionals, consultants, and other service-oriented businesses. Conveniently located with access to Texas State Highway 35, FM 518 (Broadway Street), State Highway 288, and the Sam Houston Tollway, the property offers excellent connectivity throughout Pearland, Houston, and the surrounding trade area.
This is a rare opportunity for an owner-occupant to acquire a standalone office property, control occupancy costs, and build long-term equity in one of the Houston area's most established and growing communities.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,596 SF
Building Class
C
Year Built
1940
Price
$443,205 CAD
Price Per SF
$277.70 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,596 SF
Building FAR
0.08
Lot Size
0.46 AC
Zoning
OP - Office and Professional
Parking
6 Spaces (3.76 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0239-0004-000 | Improvements Assessment | $197,645 CAD |
| Land Assessment | $73,816 CAD | Total Assessment | $271,461 CAD |
Property Taxes
Parcel Number
0239-0004-000
Land Assessment
$73,816 CAD
Improvements Assessment
$197,645 CAD
Total Assessment
$271,461 CAD
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4702 Walnut St
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