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4835 Magnolia Parkway - Magnolia Parkway and McLean Road - 28 Acres 27.95 Acres of Residential Land Offered at $12,277,117 CAD in Pearland, TX 77584
INVESTMENT HIGHLIGHTS
- High Traffic
- Access to water and sewer
- Strong Demographics
- Corner location on two major streets Magnolia PWY and McLean
- City Utilities
- Mixed Use Development
EXECUTIVE SUMMARY
Prime development opportunity at the corner of Magnolia Parkway and McLean Rd in Pearland, offering approx. 940 ft. of frontage on Magnolia Pkwy and 1,228 ft. on McLean Rd. The City of Pearland’s 2040 Comprehensive Plan designates this tract for commercial (town center) along Magnolia and compact residential behind. (Sellers are willing to divide.) The property offers immediate access to water and sewer, including a 36” gravity sewer main on Magnolia and 10” gravity sewer line + 6” force main along McLean (per City Engineers). Ideally positioned for growth with projected traffic increases along Magnolia Pkwy beginning in 2026. Located in Pearland ISD, this site is surrounded by strong demographics, high household incomes, and abundant nearby services—making it ideal for commercial or mixed-use development. A rare chance to secure a strategic footprint in one of Pearland’s fastest-growing corridors.
DATA ROOM Click Here to Access
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $12,277,117 CAD | Property Subtype | Residential |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 27.95 AC |
| Property Type | Land | ||
| Zoning | R-2 - Medium Density Residential – Single Family | ||
| Price | $12,277,117 CAD |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 27.95 AC |
| Zoning | R-2 - Medium Density Residential – Single Family |
1 LOT AVAILABLE
Lot
| Price | $12,277,117 CAD | Lot Size | 27.95 AC |
| Price Per AC | $439,205.69 CAD |
| Price | $12,277,117 CAD |
| Price Per AC | $439,205.69 CAD |
| Lot Size | 27.95 AC |
The wooded lot is at the Southeast corner of magnolia Parkway & McLean
PROPERTY TAXES
| Parcel Number | 0508-0018-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $743,020 CAD | Total Assessment | $743,020 CAD |
PROPERTY TAXES
Parcel Number
0508-0018-000
Land Assessment
$743,020 CAD
Improvements Assessment
$0 CAD
Total Assessment
$743,020 CAD
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4835 Magnolia Parkway - Magnolia Parkway and McLean Road - 28 Acres
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