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    4820-4824 Pean St Galveston, TX 77554

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    For Sale
    $1,100,000

    Existing warehouse/storage facility with 100% occupancy and expansion options.

    Lot size:
    1.19 Acres

    Property Features for 4820-4824 Pean St

    General Information

    Lot size
    1.19 Acres

    Source: RE/MAX Leading Edge Agent Mark Coyle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Warehouse/Storage Facility Business Opportunity

    This is a business opportunity to purchase an existing warehouse and storage facility situated on approximately 1.2 acres. The property includes over 18,130 square feet of office and lease space, currently operating at 100% occupancy with a waiting list for future tenants. The facility comprises four separate buildings, containing a total of 48 units. There are currently 25 tenants, some of whom occupy multiple shared units, offering flexibility for tenants to expand based on their needs. An on-site office of approximately 800 square feet is also present. Utility connections for water, sewer, and electricity are available. The property benefits from good access off Highway 3005.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Kitchen & Bath Accounting Firm Hotel & Motel Storage Facility Bar & Pub

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

    Similar Places Nearby

    Westender Storage

    Location Insight

    • Map
    • Local Demand
    City
    Galveston
    County
    Galveston
    State
    Texas
    Longitude
    -94.9061656
    Latitude
    29.2236124

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    FAQs

    What type of property is this?
    Warehouse - Existing warehouse/storage facility with 100% occupancy and expansion options.
    Where is this warehouse located?
    The property is located at 4820-4824 Pean St Galveston, TX.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - 100% Occupancy with Waiting List; - Existing Warehouse/Storage Facility; - Over 18,130 sq/ft of Office and Lease Space
    (713) 927-1890
    Request Owner's contact information
    4820-4824 Pean St Galveston, TX 77554
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    Realmo Value Estimation

    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.

    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.

    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
    4820-4824 Pean St Galveston, TX 77554
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