1753 E State Hwy 97, Jourdanton, TX
Adaptable commercial space with highway exposure and ample parking.
- Added:
- Aug 22, 2023
- Days on Market:
- 1022
- Last Refresh:
- May 20 at 9:26 pm
Property Features for 1753 E State Hwy 97
General Information
- Standard status
- Active
- Size
- 5,374 SF
- Lot size
- 1.23 Acres
- Property subtype
- RETAIL
Properties For Sale
at 1753 E State Hwy 97 Contact us
Listing agent Clifton Shearrer License #0519100 (210) 325-7448
Listing office Brohill Realty (210) 325-7448
Listing date Aug 22, 2023
Source Moodyscre
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 Brohill Realty
HighLights
- High visibility location on Hwy 97
- Ample parking with over 65 spaces
- Flexible space options, divisible to 1,791 sq ft
- Large 5,374 sq ft space suitable for various uses
- Updated exterior architectural touches
- Adaptable space, currently built‑out as a gym but suitable for office or retail
Overview
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 | $137.4k | $25.56 |
| − Vacancy | −$14.4k | −$2.68 |
| EGI | $122.9k | $22.88 |
| − OpEx | −$30.7k | −$5.72 |
| NOI | $92.2k | $17.16 |
Alternative Uses
Current Use by Public Records
Map
- City
- Jourdanton
- County
- Atascosa
- State
- Texas
- Longitude
- -98.5464
- Latitude
- 28.918
