This exceptional investment opportunity presents a fully leased, 15,800 square foot mixed-use property situated on 1.158 acres at 1017 Bayou Rd, La Marque, Texas 77568. The property boasts a 100% occupancy rate, generating a consistent cash flow for the investor. The building comprises three units: Unit A, a versatile 1,900 square foot space, and Units B and C, which have been thoughtfully combined to create a substantial 13,900 square foot area. This prime location on Bayou Road offers high visibility and accessibility, ensuring strong tenant appeal. The asking price is $1,075,000, translating to $68.04 per square foot. This property is ideal for investors seeking a stable, high-return investment with minimal vacancy risk. The property's location in Galveston County, Texas, provides access to a thriving local market. This is a rare opportunity to acquire a fully leased, high-performing mixed-use asset in a desirable location. The property's strong tenant base and consistent rental income make it an attractive investment for both seasoned and new investors.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$3,492,845
Hospitality
$3,199,427
Educational
$2,661,886
Medical
$2,753,432
Retail
$4,140,712
Location Insight
City
La Marque
County
Galveston
State
Texas
Latitude
29.3702
Longitude
-94.9712
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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