Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    819 Oak St La Marque, TX 77568

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $269,900

    Updated four-unit property with strong rental potential in Texas.

    Lot size:
    0.17 Acres

    Property Features for 819 Oak St

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1970

    We can help!

    Listing Contact
    Ricki Robling
    Source: Elliman

    Listing Agent: Ricki Robling

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

    Learn more

    Overview

    Upgraded Fourplex in La Marque

    This fourplex in La Marque, Texas, presents an investment opportunity. The property features four upgraded units, each containing one bedroom and one bathroom. The location provides access to local amenities, schools, and entertainment options. The property offers rental income potential and long-term value.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    La Marque
    County
    Galveston
    State
    Texas
    Longitude
    -94.9623305
    Latitude
    29.3715552

    Nearby Similar for Sale

    • $1,100,000

      La Marque Multi-Unit Investment Property

      Multi-unit property featuring ten rental units in La Marque, TX.
      1825 Bayou Rd, La Marque, TX 77568
      View Details
    • Contact for pricing
      1,288 SF

      Retail Property Near I-45

      Retail property with high visibility and access in La Marque.
      3002 Gulf Fwy, La Marque, TX 77568
      View Details
    • $200,000

      Versatile Building in La Marque

      Expansive commercial building with kitchen, restrooms, and elevator access.
      358 Demolay St, La Marque, TX 77568
      View Details
    • $165,000

      Well-Maintained Duplex Investment Opportunity

      Duplex with two units, one vacant, near I-45.
      1729 Scott St, La Marque, TX 77568
      View Details
    • Contact for pricing
      13,500 SF

      La Marque Warehouse with Renovated Office

      13,500 SF warehouse with renovated office/showroom near I-45.
      320 Delany Rd, La Marque, TX
      View Details
    • $275,000

      Commercial Building with Catering Potential

      Commercial building suitable for events, catering, and food service.
      701 Volney St, La Marque, TX 77568
      View Details
    • Contact for pricing
      76,500 SF

      76,500 SF Warehouse in La Marque

      76,500 SF warehouse with immediate access to I-45.
      4601 Gulf Fwy, La Marque, TX 77568
      View Details
    • Contact for pricing
      8,320 SF

      La Marque Retail Building For Sale

      8,320 SF retail building on 1.19-acre lot.
      3923 Texas Ave, La Marque, TX 77568
      View Details
    • $350,000
      3,600 SF

      La Marque Warehouse and Office

      Warehouse and office space with easy highway access.
      1317 Cedar Dr, La Marque, TX 77568
      View Details
    • $199,500
      2,402 SF

      La Marque Commercial Building For Sale

      Commercial building for sale with ample parking in La Marque.
      900 1St St, La Marque, TX 77568
      View Details
    • Contact for pricing
      22,768 SF

      Industrial Property in La Marque

      22,768 SF industrial property available for sale.
      100 Main St, La Marque, TX 77568
      View Details
    • $1,200,000
      6,630 SF

      Gulf Freeway Office Complex

      High-yield, fully leased office building
      2600 Gulf Fwy, La Marque, TX 77568
      View Details

    FAQs

    What type of property is this?
    Quadplex - Updated four-unit property with strong rental potential in Texas.
    Where is this quadplex located?
    The property is located at 819 Oak St La Marque, TX.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: - Upgraded fourplex: Recently updated units increase tenant appeal.; - Four individual units: Provides a diversified income stream.; - 1 bedroom/1 bathroom units: A desirable and easily rentable configuration.
    (936) 402-5395
    Request Owner's contact information
    819 Oak St La Marque, TX 77568
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    819 Oak St
    La Marque, TX 77568
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    819 Oak St La Marque, TX 77568
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ricki Robling
    (936) 402-5395
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.