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    High-Visibility Commercial Property in Richwood Title is generated by Realmo AI

    1105 N Brazosport Blvd, Richwood, TX 77531

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    Claim this Listing
    For Sale
    $624,900

    Commercial - Richwood, TX

    Property size:
    2,040 SF
    Lot size:
    2.97 Acres
    Price / SF:
    $306/SF
    Added:
    Feb 25, 2026
    Days on Market:
    95
    Last Refresh:
    May 31 at 1:06 pm

    Property Features for 1105 N Brazosport Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    7070-0020-000
    Size
    2,040 SF
    Lot size
    2.97 Acres

    Taxes and HOA fees

    Tax Annual Amount
    10190

    Utilities

    Heating system
    Central, Electric (Heating)

    Building Details

    Year built
    1985
    Building materials
    Block
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Will Clark

    Listing agent Will Clark

    Listing office CLARK REALTY 1100 N. VELASCO, ANGLETON, TX

    Listing date Feb 25, 2026

    MLS# 4001033 Listing URL

    Copyright © 2026 Brazoria County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑traffic location on N. Brazosport Blvd. with outstanding visibility and strong drive‑by exposure.
    • Approximately 45,000 sq. ft. of asphalt, previously used as a car lot.
    • Easy ingress and egress.
    • Four‑bay shop included.
    • Ideal for retail, office, medical, or service‑oriented businesses.
    • Minutes from Lake Jackson and major thoroughfares, including Highway 288.

    Overview

    This commercial property is located on N. Brazosport Blvd in Richwood. Situated on a high-traffic roadway, the location offers visibility, easy access, and drive-by exposure. It is suitable for retail, office, medical, or service-oriented businesses seeking a strategic position within the greater Brazosport area, and is located minutes from Lake Jackson and major thoroughfares, including Highway 288. The property includes a four-bay shop and was previously a used car lot with approximately 45000 square feet of asphalt. The property size is 2040 square feet and the lot size is 2.97 acres.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $60.5k $29.64
    − Vacancy −$15.1k −$7.38
    EGI $45.4k $22.26
    − OpEx −$11.4k −$5.56
    NOI $34.1k $16.69
    2,040 SF · lease $29.64/SF/yr · vacancy 24.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $486.5K
    $425.7K – $567.6K (±1% cap)
    NOI $34,057 @ 7.0% cap · market cap 5.45%
    Second Best
    Retail
    $394.7K
    $345.4K – $460.5K (±1% cap)
    NOI $27,632 @ 7.0% cap · market cap 4.42%
    Theoretical Best
    Multifamily LT 5
    $25.41M
    $22.24M – $29.65M (±1% cap)
    NOI $1,778,939 @ 7.0% cap · market cap 284.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • The Shop — 1412 Old Angleton Rd, Clute, TX 77531
    • Yaklin Ford Collision Center — 1200 north highway 288-b, richwood, tx 77531
    • Gulf Tech RV Repair — 311 Williamsburg Ave, Clute, TX 77531
    • jj auto repair & services #2 — 1023 Brazosport Blvd N, Richwood, TX 77531
    • jj auto repair & seervices #2 — 1023 Brazosport Blvd N, Richwood, TX 77531

    Location Insight

    • Map
    • Local Demand
    City
    Richwood
    County
    Brazoria
    State
    Texas
    Longitude
    -95.399568
    Latitude
    29.041144

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      High-Visibility Commercial Property in Richwood

      Prime location for retail, office, or service-oriented businesses.
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      View Details
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    FAQs

    What type of property is this?
    Auto shop - Prime commercial property on N. Brazosport Blvd in Richwood, TX.
    Where is this auto shop located?
    The property is located at 1105 N Brazosport Blvd Richwood, TX.
    What is the asking price?
    The asking price for this property is $624,900.
    What are key features of this property?
    This property features: High‑traffic location on N. Brazosport Blvd. with outstanding visibility and strong drive‑by exposure.; Approximately 45,000 sq. ft. of asphalt, previously used as a car lot.; Easy ingress and egress.
    (979) 849-1000
    We can help!
    Listing Contact
    Will Clark
    Real Estate License ID: 0259190
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    1105 N Brazosport Blvd, Richwood, TX 77531
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