Former City Hall Office
900 Moore Avenue Portland, TX 78374
900 Moore Avenue, Portland, TX, 78374
$589,000
For Sale
$589,000
SINGLE_FAMILY - Portland, TX
Property Size3,928 SF
Lot Size0.96 Acres
Price / SF$149.95
Days on Market96
Property Features for 900 Moore Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Off Street
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 1406-0017-0026-002
- Size
- 3,928 SF
- Lot size
- 0.96 Acres
Taxes and HOA fees
- Tax Description
- PORTLAND TIER H BLK 17 LOT 26
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Building materials
- Block, Concrete
- Roof type
- Flat
Listing Agency
Cass Real Estate
(361) 643-2662
401 US Hwy 181, Portland, TX
Listed by
Sandra Sanchez · License #0473327
(361) 765-2402
Added: Apr 13 Checked: Jul 17 at 6:06 pm
MLS# 474622
Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Former Portland City Hall offers a practical office configuration with approximately nine offices, a lobby, a vault, and separate men’s and women’s restrooms. The exterior walls are constructed of concrete block, and the building is described as a solid structure needing some updating.
The property is situated on a busy corner lot and is about a block away from a major highway, supporting convenient drive-up access. On-site amenities include front, side, and back parking, a drive-through window, and a handicap ramp along with handicap push-button door operation. An open storage building is located out back, with a chain link fence providing additional security, plus a sizable yard that can support extra parking or storage needs.
This layout can fit a range of office users looking for multiple interior rooms, basic built-in support spaces such as restrooms and lobby, and added operational flexibility from the drive-through window and outdoor storage options. Its established government-style build can also appeal to buyers seeking a ready-to-configure administrative environment, with the understanding that updates are needed to bring finishes and systems up to modern standards.
The property is situated on a busy corner lot and is about a block away from a major highway, supporting convenient drive-up access. On-site amenities include front, side, and back parking, a drive-through window, and a handicap ramp along with handicap push-button door operation. An open storage building is located out back, with a chain link fence providing additional security, plus a sizable yard that can support extra parking or storage needs.
This layout can fit a range of office users looking for multiple interior rooms, basic built-in support spaces such as restrooms and lobby, and added operational flexibility from the drive-through window and outdoor storage options. Its established government-style build can also appeal to buyers seeking a ready-to-configure administrative environment, with the understanding that updates are needed to bring finishes and systems up to modern standards.
Key Highlights
- Built in 1960 with concrete block and concrete construction and a flat roof
- Former Portland City Hall with approx. 9 offices plus lobby and a vault
- 1‑acre corner lot with off‑street parking in the front, side, and back
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 | $93.3k | $23.76 |
| − Vacancy | −$25.6k | −$6.51 |
| EGI | $67.8k | $17.25 |
| − OpEx | −$16.9k | −$4.31 |
| NOI | $50.8k | $12.94 |
3,928 SF · lease $23.76/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$726.0K
$635.2K – $847.0K
NOI $50,818 @ 7.0% cap · market cap 8.63%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$2.02M
$1.76M – $2.35M
NOI $141,054 @ 7.0% cap · market cap 23.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Built in the 1960s with multiple offices, a vault, handicap access, and extensive parking for everyday operations.
Where is this office building located?
The property is located at 900 Moore Avenue Portland, TX.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Built in 1960 with concrete block and concrete construction and a flat roof; Former Portland City Hall with approx. 9 offices plus lobby and a vault; 1‑acre corner lot with off‑street parking in the front, side, and back
