165 Oyster Creek DrLake Jackson, TX 77566

  • Outlet malls
  • 34,261 SF
For Lease
$9.50/SF/YR View listing

Property Details for 165 Oyster Creek Dr

Year built
1976
Lot size
2.76 AC
Property size (Sq ft)
34,261 SF
Property type
Outlet malls
APN
5850-1214-110
APU
58501214110

Description

This exceptional retail opportunity is located at 165 Oyster Creek Drive in Lake Jackson, Texas, 77566. The property boasts a total of 31,192 square feet of retail space within a multi-tenant building situated on a generous 2.76-acre lot. Currently, there is 7,982 square feet of vacant space available, divisible into units as small as 3,500 square feet, offering flexibility for various business needs. The property benefits from excellent frontage and prominent window storefront displays, ensuring high visibility and attracting significant foot traffic. Its strategic location between Family Dollar and Harbor Freight provides exceptional exposure to a large customer base. The property's annual taxes are $0.85 per square foot. This prime retail space presents a unique chance to establish or expand a business in a thriving Texas community. The available space offers a blend of visibility and accessibility, making it an ideal location for a variety of retail ventures. Don't miss this opportunity to secure a prominent position in a busy retail center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,314,563
    6.5%
    $9,521,135
    7%
    $8,841,054
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,761,517
    Geo Method
    $25,848,650
  • Alternative Use

    Use
    Valuation
    Residential
    $8,031,434
    Hospitality
    $7,356,750
    Educational
    $6,120,730
    Medical
    $6,331,231
    Retail
    $9,521,135

Location Insight

City
Lake Jackson
County
Brazoria
State
Texas
Latitude
29.046
Longitude
-95.4536
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN 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
2018
$35,161
$862,610
$1,472,710
$2,335,320
-
$862,610
$1,472,710
$2,335,320

FAQs

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