410 Plantation DrLake Jackson, TX 77566

Property Details for 410 Plantation Dr

Year built

1962

Lot size

9.51 AC

Property size (Sq ft)

25,542 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

0019-0313-000

APU

190313000

Description

Brazosport Village Shopping Center, located at 410 Plantation Dr, Lake Jackson, TX 77566, presents a significant retail and industrial investment opportunity. This single-story, 98,742 square foot shopping center, built in 1962, sits on a 9.51-acre lot and offers excellent visibility due to its location. The property features two suites, with a total of 42,034 square feet currently vacant, providing immediate potential for new tenants. Space options range from 4,500 square feet to a maximum contiguous space of 29,534 square feet, catering to a variety of business needs. The center's address is further enhanced by its proximity to Dixie Dr. The property is classified as both retail and industrial, offering flexibility for diverse uses. Given its size and location, this property represents a compelling opportunity for investors and businesses seeking a prominent presence in the Lake Jackson market. The absence of elevators is noted. This established center provides a strong foundation for future growth and profitability. Serious inquiries are encouraged to explore the potential of this prime commercial real estate offering.

• CAP approach

  CAP return

  Valuation

  6%

  $7,689,634

  6.5%

  $7,098,124

  7%

  $6,591,116

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,513,869

  Geo Method

  $19,270,488

• Alternative Use

  Use

  Valuation

  Residential

  $5,987,534

  Hospitality

  $5,484,548

  Educational

  $4,563,080

  Medical

  $4,720,011

  Retail

  $7,098,124

Location Insight

City

Lake Jackson

County

Brazoria

State

Texas

Latitude

29.021

Longitude

-95.4218

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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