Operational Daycare
For Sale
Contact for pricing
11 South Algeria Street, Texas City, TX 77591
Includes a commercial kitchen and adaptable space for educational, community, or other approved commercial uses.
Property Size6,000 SF
Price / SF$145.83
Days on Market8
Property Features for 11 South Algeria Street
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Retail, Mixed Use, Special Purpose
Amenities
commercial kitchen
Listing Agency:
Boulevard Realty
Listed By:
thomas mouton · License #485651
(832) 581-3660
Source:
Crexi
Added: Sep 3
Changed: Sep 9
Last Checked: Sep 10 at 6:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Boulevard Realty
Investment Insights
Based on property information with market context.
This approximately 6,000-square-foot facility is operating as a daycare center and includes a commercial kitchen. The building is configured for flexible multipurpose use, supporting continued childcare operations as well as educational programming, community services, events, or other commercial applications subject to applicable zoning and approvals.
The property is located at 11 South Algeria Street in Texas City, Texas. Its existing operational setup and adaptable interior arrangement may suit an owner-operator, investor, or organization seeking a facility that can accommodate more than one use.
The property is located at 11 South Algeria Street in Texas City, Texas. Its existing operational setup and adaptable interior arrangement may suit an owner-operator, investor, or organization seeking a facility that can accommodate more than one use.
Key Highlights
- Approximately 6,000 SF of facility space
- Fully operational daycare center
- Functional commercial kitchen included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,400
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,188,000
$1.2M
Cap Rate 7%
$848,571
$848.6K
Cap Rate 9%
$660,000
$660.0K
Market Conditions
NOI Build-Up for 6,000 SF
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.
Gross rent
$108.0K $18.00/SF
− Vacancy
−$13.0K −$2.16/SF
EGI
$95.0K $15.84/SF
− OpEx
−$35.6K −$5.94/SF
NOI
$59.4K $9.90/SF
Area
Galveston County, TX
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,188,000
Cap Rate 7%
$848,571
Cap Rate 9%
$660,000
Alternative Uses
Best Use
Mixed Use
$848.6K
$742.5K – $990.0K
NOI $59,400 @ 7.0% cap · market cap 6.79%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$67.27M
$58.86M – $78.48M
NOI $4,708,822 @ 7.0% cap · market cap 538.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77591, TX
17,347
Population
7,465
Households
2.3
Avg Household Size
36
Median Age
25%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
1,684
Density / Sq Mi
$66,010
Median Household Income
$39,219
Median Earnings
$1,226
Median Rent
$204,900
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- House of Many Angel — 506 Duroux Rd, La Marque, TX 77568
- Deborah's Daycare & Preschool — 402 Laurel St, La Marque, TX 77568
- Babies 2 T.O.T.S Childcare Center — 199c Vauthier St, La Marque, TX 77568
- Vickies Hidden Treasures — 11 S Algeria St, Texas City, TX 77591
- Kids N Motion — 311 State Hwy 3, Texas City, TX 77591
Frequently Asked Questions
What type of property is this?
Day care center - Includes a commercial kitchen and adaptable space for educational, community, or other approved commercial uses.
Where is this day care center located?
The property is located at 11 South Algeria Street Texas City, TX.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Approximately 6,000 SF of facility space; Fully operational daycare center; Functional commercial kitchen included
