4020 7Th StBay City, TX 77414

  • Commercial real estate
  • 21,882 SF
For Lease
$19/SF/YR View listing

Property Details for 4020 7Th St

Year built
2017
Lot size
3.64 AC
Property size (Sq ft)
21,882 SF
Property type
Commercial real estate
APN
20015
APU
20015

Description

This exceptional retail property, the Bay City Retail Center, presents a unique investment opportunity in the thriving Matagorda County submarket of Texas. Located at 4020 7th St, Bay City, TX 77414, this Class B center boasts a total of 21,882 square feet across five suites within a single, one-story building constructed in 2017. Currently, 5,000 square feet of retail space is available, divisible into units as small as 2,000 square feet, with a maximum contiguous space of 5,000 square feet. The property sits on a sizable 3.64 acres of land and offers ample parking with 140 spaces. The building features impressive bay depths of 100 feet, providing excellent space for various retail configurations. The property is conveniently located near FM 457, ensuring high visibility and accessibility. Tenant improvement allowances are negotiable, contingent upon the tenant's creditworthiness. This is an ideal location for businesses seeking high-traffic exposure in a growing community. Don't miss this chance to secure your place in this dynamic retail center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,167,776
    Hospitality
    $5,649,650
    Educational
    $4,700,442
    Medical
    $4,862,098
    Retail
    $7,311,799

Location Insight

City
Bay City
County
Matagorda
State
Texas
Latitude
28.9815
Longitude
-95.9418
CBSA code
13060
CBSA name
BAY CITY, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
-
$296,510
$2,053,490
$2,350,000
-
$296,510
$2,053,490
$2,350,000

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