Metal Office Building with
For Sale
$250,000
Pending
1121 7th St, Bay City, TX 77414
All-metal office building with handicap restroom and kitchen, positioned on high-visibility highway frontage.
Property Size960 SF
Days on Market1411
Property Features for 1121 7th St
General Information
Standard status
Pending
Size
960 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$2,500
Listing Agency:
Texana Real Estate
(979) 245-4105
Listed By:
Elmo Duke Jr.
(979) 240-4105
Source:
Exprealty
Added: Dec 11, 2022
Changed: Oct 4
Last Checked: Oct 20 at 10:03PM
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 Texana Real Estate
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Investment Insights
Based on property information with market context.
An all-metal office building measuring 40' by 24' provides a compact workspace configuration suitable for a range of office uses. The building includes a handicap restroom and a kitchen area for day-to-day convenience. The property is offered in connection with multiple lots, giving an owner flexibility for site planning around the existing improvements.
The site has frontage on State Hwy 35 and is described as a great corner lot, providing direct exposure to a major thoroughfare. Additional land is included with the sale of three lots and the office building. Public remarks also indicate there is one more adjoining lot on 8th Street available for sale should the buyer want additional acreage.
For buyers or owner-users looking for a straightforward office facility on a prominent road, the combination of an all-metal building and highway frontage can support practical operating needs. The included restroom accommodations and kitchen area help the space function independently for small teams, offices, or professional services. The availability of additional adjoining land may also appeal to buyers who want more room to adjust layout and site use around the existing structure.
The site has frontage on State Hwy 35 and is described as a great corner lot, providing direct exposure to a major thoroughfare. Additional land is included with the sale of three lots and the office building. Public remarks also indicate there is one more adjoining lot on 8th Street available for sale should the buyer want additional acreage.
For buyers or owner-users looking for a straightforward office facility on a prominent road, the combination of an all-metal building and highway frontage can support practical operating needs. The included restroom accommodations and kitchen area help the space function independently for small teams, offices, or professional services. The availability of additional adjoining land may also appeal to buyers who want more room to adjust layout and site use around the existing structure.
Key Highlights
- All‑metal office building totaling 960 SF (40' x 24')
- Handicap restroom plus kitchen area in the office building
- High‑visibility frontage on State Hwy 35 with corner lot location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,426
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,520
$268.5K
Cap Rate 7%
$191,800
$191.8K
Cap Rate 9%
$149,178
$149.2K
Market Conditions
NOI Build-Up for 960 SF
Gross rent
$23.6K $24.60/SF
− Vacancy
−$5.7K −$5.95/SF
EGI
$17.9K $18.65/SF
− OpEx
−$4.5K −$4.66/SF
NOI
$13.4K $13.99/SF
Area
Matagorda County, TX
Vacancy
24.20%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,520
Cap Rate 7%
$191,800
Cap Rate 9%
$149,178
Alternative Uses
Best Use
Office B
$191.8K
$167.8K – $223.8K
NOI $13,426 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$10.76M
$9.42M – $12.56M
NOI $753,411 @ 7.0% cap · market cap 301.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
665
Businesses Nearby
Explore this area
Business Placement
Demographics for 77414, TX
23,416
Population
12,254
Households
1.9
Avg Household Size
38
Median Age
24%
College-Educated
85%
High-School Grad
555.1 sq mi
ZIP Area
42
Density / Sq Mi
$57,545
Median Household Income
$35,819
Median Earnings
$991
Median Rent
$166,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - All-metal office building with handicap restroom and kitchen, positioned on high-visibility highway frontage.
Where is this office unit located?
The property is located at 1121 7th St Bay City, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: All‑metal office building totaling 960 SF (40' x 24'); Handicap restroom plus kitchen area in the office building; High‑visibility frontage on State Hwy 35 with corner lot location
