Retail
1205 BUTLER RD, League City, TX 77573
For Sale
Contact for pricing
The space is identified for general commercial use.
Property Size7,500 SF
Price / SF$200
Days on Market50
Property Features for 1205 BUTLER RD
General Information
Standard status
Size
Property subtype
Listing Agency:
Berkshire Hathaway Premier Properties
Listed By:
Joyce Tolliver · License TX #0553813
(281) 642-5612
Source:
Crexi
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 12 at 7:21AM
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 Berkshire Hathaway Premier Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property contains 7,500 square feet and carries a general commercial designation. It is located at 1205 Butler Road in League City, Texas.
Key Highlights
- 7,500 SF of retail space
- General commercial designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,949
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,178,980
$2.2M
Cap Rate 7%
$1,556,414
$1.6M
Cap Rate 9%
$1,210,544
$1.2M
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$164.7K $21.96/SF
− Vacancy
−$9.1K −$1.21/SF
EGI
$155.6K $20.75/SF
− OpEx
−$46.7K −$6.23/SF
NOI
$108.9K $14.53/SF
Area
League City, TX
Vacancy
5.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,178,980
Cap Rate 7%
$1,556,414
Cap Rate 9%
$1,210,544
Alternative Uses
Best Use
Retail
$1.56M
$1.36M – $1.82M
NOI $108,949 @ 7.0% cap · market cap 7.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.28M
$2.00M – $2.66M
NOI $159,693 @ 7.0% cap · market cap 10.65%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
Explore this area
Business Placement
Demographics for 77573, TX
95,256
Population
37,188
Households
2.6
Avg Household Size
37
Median Age
49%
College-Educated
96%
High-School Grad
29.8 sq mi
ZIP Area
3,197
Density / Sq Mi
$122,783
Median Household Income
$67,441
Median Earnings
$1,647
Median Rent
$342,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Retail space in Galveston County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The space is identified for general commercial use.
Where is this retail space located?
The property is located at 1205 BUTLER RD League City, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 7,500 SF of retail space; General commercial designation
