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    2209 Hwy, Unit 3 Galveston, TX

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    For Sale
    $247,500

    Recently renovated, fully leased retail building with three self-contained suites.

    Property size:
    1,089 SF
    Lot size:
    0.13 Acres

    Property Features for 2209 Hwy

    General Information

    Size
    1,089 SF
    Lot size
    0.13 Acres

    Source: Keller Williams Realty Agent Chaundra Hugel Broughton

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

    Overview

    Freestanding Retail Building on Highway

    The subject property is a 1,089 square feet freestanding building located on Highway 3, between 22nd and 23rd Street in Dickinson, TX. The building has been recently renovated and is fully leased, providing stable cash flow. The layout features three self-contained suites, each with its own restroom, built-in sink with cabinetry, and dedicated storage closet. This configuration is suitable for salon, medical, wellness, or professional uses. A utility room with washer hookup adds operational convenience. The property offers investors a compact, income-producing asset in a growing market.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Galveston
    County
    Galveston
    State
    Texas
    Longitude
    -94.6812086
    Latitude
    29.4345626

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    FAQs

    What type of property is this?
    Retail space - Recently renovated, fully leased retail building with three self-contained suites.
    Where is this retail space located?
    The property is located at 2209 Hwy, Unit 3 Galveston, TX.
    What is the asking price?
    The asking price for this property is $247,500.
    What are key features of this property?
    This property features: - Fully leased, providing stable cash flow.; - Recently renovated, turn-key investment opportunity.; - Three self-contained suites, each with private restroom, sink, and storage.
    (917) 743-6241
    Request Owner's contact information
    2209 Hwy, Unit 3 Galveston, TX
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    Galveston, TX
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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
    2209 Hwy, Unit 3 Galveston, TX
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