9550 Emmett F Lowry ExpyTexas City, TX 77591

  • Commercial real estate
  • 23,660 SF

Property Details for 9550 Emmett F Lowry Expy

Year built
1999
Lot size
1.99 AC
Property size (Sq ft)
23,660 SF
Property type
Commercial real estate
APN
4916-0001-0000-001
APU
491600010000001

Description

This exceptional freestanding retail building, totaling 23,560 square feet, presents a unique owner-user or investment opportunity. Situated on a two-acre outparcel within the Mainland Crossing shopping center in Texas City, Texas, this single-tenant property offers significant visibility and accessibility. Built in 1999, the one-story structure is zoned District E General Commercial and boasts frontage on Emmett F Lowry Expy (FM 1764), with convenient cross-access via Century Blvd. The property's previous occupant was an Office Depot store, providing a solid foundation for a variety of retail uses. The expansive lot size provides ample parking and potential for future expansion or development. This prime location in Texas City, with its zip code 77591, offers excellent exposure to a substantial customer base. The property is available for sale or lease, making it an attractive option for both investors and end-users seeking a well-positioned retail space in a thriving commercial area. The building's single-story design and spacious layout offer flexibility for various retail configurations. This is a rare opportunity to acquire a significant retail property in a high-traffic location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,546,356
    Hospitality
    $5,080,433
    Educational
    $4,226,860
    Medical
    $4,372,228
    Retail
    $6,575,116

Location Insight

City
Texas City
County
Galveston
State
Texas
Latitude
29.4019
Longitude
-95.0176
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
$32,480
$518,800
$956,650
$1,475,450
-
$518,800
$956,650
$1,475,450

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