702 Dixie DrClute, TX 77531

Property Details for 702 Dixie Dr

Year built

1972

Lot size

1.08 AC

Property size (Sq ft)

14,000 SF

Property type

Outlet malls

APN

2115-0082-000

APU

21150082000

Description

This exceptional commercial property, located at 702 Dixie Dr, Clute, TX 77531, in Brazoria County, offers a unique blend of retail and warehouse space, totaling 26,000 square feet on a 1.09-acre lot. Priced at $875,000, this represents an attractive price per square foot of $33.65. The building boasts a spacious 18,200 square foot showroom area, perfectly suited for showcasing products or services, complemented by a 7,776 square foot warehouse for storage and distribution. Its prime location on a major commercial thoroughfare in the rapidly developing Lake Jackson/Clute/Freeport area ensures high visibility and easy access for customers and employees. The property benefits from its central location, providing convenient access to the entire trade area. Strategically situated just 0.2 miles north of the intersection of SH 288 and SH 332, this property offers unparalleled convenience and accessibility. This versatile space presents a significant opportunity for businesses seeking a prominent presence in a thriving market. The property's size, layout, and location make it an ideal investment for a variety of commercial ventures. Don't miss this chance to acquire a high-impact commercial property in a rapidly growing Texas market.

• CAP approach

  CAP return

  Valuation

  6%

  $4,214,818

  6.5%

  $3,890,602

  7%

  $3,612,701

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,214,712

  Geo Method

  $10,562,479

• Alternative Use

  Use

  Valuation

  Residential

  $3,281,868

  Hospitality

  $3,006,173

  Educational

  $2,501,101

  Medical

  $2,587,118

  Retail

  $3,890,602

Location Insight

City

Clute

County

Brazoria

State

Texas

Latitude

29.0139

Longitude

-95.4208

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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