Broadway St & Alexander Lane - 3 Acres- adjacent to 3057 Broadway Street 3 Acres of Commercial Land Offered at $2,214,689 CAD in Pearland, TX 77581

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:
Ground-floor retail and restaurant space
Office or flex workspaces
Optional residential units (townhomes or apartments) to maximize value and meet local housing demand
This blend leverages the traffic generator effect of neighboring regional centers, captures daily consumer spending, and creates a walkable node that resonates with Pearland’s growth trajectory.