11950 Hwy 6, Santa Fe, TX 77510
5,317 SF retail building on 0.41 AC available.
- Added:
- Mar 4, 2025
- Days on Market:
- 490
- Last Refresh:
- Jul 4 at 2:34 pm
Property Features for 11950 Hwy 6
General Information
- Standard status
- Active
- Size
- 5,317 SF
- Lot size
- 0.41 Acres
- Property subtype
- Retail
Listing office DN Commercial
Listing date Mar 4, 2025
Source Crexi
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 DN Commercial
HighLights
- 100% Occupancy Rate
- Building Size: +/- 5,317 SF
- Land Size: +/- 0.41 AC
- Convenient access to HWY 45 (10.4 miles)
- Proximity to Pearland (20.2 miles)
- Relative closeness to Alvin (11 miles)
Overview
Local Financial Insights For Retail
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 | $108.5k | $20.40 |
| − Vacancy | −$6.2k | −$1.16 |
| EGI | $102.3k | $19.24 |
| − OpEx | −$30.7k | −$5.77 |
| NOI | $71.6k | $13.47 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Santa Fe
- County
- Galveston
- State
- Texas
- Longitude
- -95.0813575
- Latitude
- 29.3703996
