Multi-Building Retail and Tavern
22271 Newton Dr & FM 1485 New Caney, TX 77357
For Sale
Contact for pricing
Dual-corner commercial site with a tavern, retail building, and mobile home on 2.94 acres.
Property Size3,844 SF
Lot Size2.94 Acres
Price / SF$416.23
Days on Market537
Property Features for 22271 Newton Dr & FM 1485
General Information
Standard status
Active
Size
3,844 SF
Lot size
2.94 Acres
Property subtype
RETAIL
Listing Agency:
Anne Vickery & Associates Realty LLC
(713) 907-9680
Listed By:
Anne Vickery · License #/9005105
(713) 907-9680
Source:
Moodyscre
Added: Feb 5, 2025
Changed: Jul 25
Last Checked: Jul 26 at 11:23AM
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 Anne Vickery & Associates Realty LLC
Investment Insights
Based on property information with market context.
Income-producing multi-building commercial property at 22271 Newton Dr & FM 1485 in New Caney, TX, spanning 2.94 acres. The site includes a 3,844 SF tavern, a 1,200 SF retail building, and a 1,064 SF mobile home, designed to generate immediate income while leaving room for future redevelopment or expansion.
The property offers 481 feet of frontage along FM 1485 and benefits from strong traffic exposure as described in the listing. It is positioned near Walmart Supercenter and just minutes from Valley Ranch Town Center, with easy access to I-69 (Hwy 59) and Grand Parkway (Hwy 99).
This configuration supports a range of commercial uses given the existing mix of improvements and the high-exposure, dual-corner layout.
The property offers 481 feet of frontage along FM 1485 and benefits from strong traffic exposure as described in the listing. It is positioned near Walmart Supercenter and just minutes from Valley Ranch Town Center, with easy access to I-69 (Hwy 59) and Grand Parkway (Hwy 99).
This configuration supports a range of commercial uses given the existing mix of improvements and the high-exposure, dual-corner layout.
Key Highlights
- 2.94‑acre income‑producing dual‑corner commercial property with multiple buildings and immediate rental income.
- 481' frontage on FM 1485 for strong roadside exposure.
- Includes a 3,844 SF tavern building as part of the income‑generating improvements.
Financial Insights For Specialty 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 | $95.9k | $24.96 |
| − Vacancy | −$5.4k | −$1.40 |
| EGI | $90.6k | $23.56 |
| − OpEx | −$22.6k | −$5.89 |
| NOI | $67.9k | $17.67 |
3,844 SF · lease $24.96/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$970.4K
$849.1K – $1.13M
NOI $67,930 @ 7.0% cap · market cap 4.25%
Second Best
Retail
$744.6K
$651.5K – $868.7K
NOI $52,123 @ 7.0% cap · market cap 3.26%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Refresqueria Querétaro 2 — 19736 FM 1485, New Caney, TX 77357
- Shipley Do-Nuts — 20132 FM 1485, New Caney, TX 77357
- Ice House and Bar 1485 — 19950 FM 1485, New Caney, TX 77357
- Puff Puff Pass Hookah Lounge — 20195 FM 1485, New Caney, TX 77357
- ISLAND VIBES DAIQUIRIS TO GO — 20172 US-59 SUITE D, New Caney, TX 77357
Frequently Asked Questions
What type of property is this?
Bar & Pub - Dual-corner commercial site with a tavern, retail building, and mobile home on 2.94 acres.
Where is this bar & pub located?
The property is located at 22271 Newton Dr & FM 1485 New Caney, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 2.94‑acre income‑producing dual‑corner commercial property with multiple buildings and immediate rental income.; 481' frontage on FM 1485 for strong roadside exposure.; Includes a 3,844 SF tavern building as part of the income‑generating improvements.
