Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5104 Highway 3 Dickinson, TX 77539

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $298,000

    One-acre Dickinson property with storage units and outdoor parking.

    Lot size:
    1.01 Acres

    Property Features for 5104 Highway 3

    General Information

    Standard status
    Active
    Lot size
    1.01 Acres

    We can help!

    Listing Contact
    Ken Luu
    Source: Elliman

    Listing Agency: RE/MAX FINE PROPERTIES Listing Agent: Ken Luu

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

    Learn more

    Overview

    Dickinson Acre with Storage Units

    This one-acre tract is located along Highway 3 in Dickinson, Texas, near a boat ramp on Dickinson Bayou. The property includes 12 storage units, each equipped with a roll-up door. Ample outdoor parking is available on the premises. The property's intended use includes self-storage, industrial, parking, automotive, and retail purposes.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Dickinson
    County
    Galveston
    State
    Texas
    Longitude
    -95.0288
    Latitude
    29.4598

    Nearby Similar for Sale

    • $625,000

      Flex Space with Storage Yard

      Flex space featuring office, warehouse, and storage, plus yard.
      5252 Fm 517 Rd East, Dickinson, TX 77539
      View Details
    • Contact for pricing
      1,367 SF

      Historic Office Building with Garage

      Downtown Dickinson office building with leased detached garage.
      2813 45Th St, Dickinson, TX 77539
      View Details
    • $215,000

      Well-Maintained Townhome in Dickinson, TX

      Two-story townhome with 3 bedrooms, 2.5 baths, and fenced backyard.
      213 Drake Run Ln, Dickinson, TX 77539
      View Details
    • $895,000

      Dickinson Multifamily Investment Opportunity

      Eight-unit, recently renovated multifamily property in Dickinson, Texas.
      2322 Central St, Dickinson, TX 77539
      View Details
    • $599,000

      Income Property with Renovated Units

      Four-unit income property featuring renovated units and a large barn.
      119 3Rd St, Dickinson, TX 77539
      View Details
    • $4,200,000

      Former Bank Building with Warehouse

      37,743 SF building with warehouse and parking income.
      2401 Termini St, Dickinson, TX 77539
      View Details
    • $175,000

      Income-Generating RV Pads For Sale

      Spacious lot with income-generating RV pads and full utility access.
      2226 Avenue L, Dickinson, TX 77539
      View Details
    • $60,000

      Condo Near I-45 For Sale

      One-bedroom condo with tenant in place near I-45.
      2501 Gulf Fwy, Dickinson, TX 77539
      View Details
    • $175,000

      Income-Generating RV Pads For Sale

      Spacious lot with RV pads, immediate income potential.
      2226 Avenue L, Dickinson, TX 77539
      View Details
    • $2,300,000

      Dickinson, TX 20-Unit Apartment Complex

      20-unit apartment complex in Dickinson, TX with strong rental history.
      515 E Fm 517, Dickinson, TX 77539
      View Details
    • $100,000

      Investment Property with Existing Tenants

      Investment property with tenants in place on divided lot.
      1001 12Th St, Dickinson, TX 77539
      View Details
    • $145,000

      Dickinson, TX Investment Opportunity

      Lot with space for four trailers, currently one tenant.
      936 13Th St, Dickinson, TX 77539
      View Details

    FAQs

    What type of property is this?
    Self storage facility - One-acre Dickinson property with storage units and outdoor parking.
    Where is this self storage facility located?
    The property is located at 5104 Highway 3 Dickinson, TX.
    What is the asking price?
    The asking price for this property is $298,000.
    What are key features of this property?
    This property features: - One acre tract along Hwy 3.; - 12 storage units, each with a roll-up door.; - Close proximity to boat ramp on Dickinson Bayou.
    (281) 265-7355
    Request Owner's contact information
    5104 Highway 3 Dickinson, TX 77539
    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.
    5104 Highway 3
    Dickinson, TX 77539
    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
    5104 Highway 3 Dickinson, TX 77539
    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
    Ken Luu
    (281) 265-7355 (281) 265-4623 (281) 265-5533
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!