Flexible Mixed-Use
1410 Ave F, Bay City, TX 77414
For Sale
Contact for pricing
An open layout can be reconfigured into separate rooms, with rear access for deliveries and additional parking.
Property Size3,120 SF
Lot Size0.34 Acres
Price / SF$111.86
Days on Market1137
Property Features for 1410 Ave F
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Property Use
Building Details
Buildings
Building Size
Listing Agency:
Carswell Real Estate Co. Inc.
Listed By:
Corina Jones · License #0541743
(713) 859-8268
Source:
Crexi
Added: Sep 30, 2023
Changed: Nov 8
Last Checked: Nov 8 at 5:35PM
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 Carswell Real Estate Co. Inc.
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Investment Insights
Based on property information with market context.
This mixed-use commercial building offers 3,120 square feet on a 0.34-acre site. Its current open floor plan can be divided into separate rooms, and updates have been completed. Parking is available at both the front and rear of the building.
A side gate provides access to the back area for deliveries or parking. Double doors at the rear serve as an additional entry and exit. The property is on Hwy 60 in Bay City.
A side gate provides access to the back area for deliveries or parking. Double doors at the rear serve as an additional entry and exit. The property is on Hwy 60 in Bay City.
Key Highlights
- 3,120‑square‑foot building on 0.34 acres
- Open plan can be converted into separate rooms
- Front and rear parking areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,888
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,760
$617.8K
Cap Rate 7%
$441,257
$441.3K
Cap Rate 9%
$343,200
$343.2K
Market Conditions
NOI Build-Up for 3,120 SF
Gross rent
$56.2K $18.00/SF
− Vacancy
−$6.7K −$2.16/SF
EGI
$49.4K $15.84/SF
− OpEx
−$18.5K −$5.94/SF
NOI
$30.9K $9.90/SF
Area
Matagorda County, TX
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,760
Cap Rate 7%
$441,257
Cap Rate 9%
$343,200
Alternative Uses
Best Use
Office B
$623.3K
$545.4K – $727.2K
NOI $43,634 @ 7.0% cap · market cap 12.50%
Second Best
Retail
$603.7K
$528.3K – $704.4K
NOI $42,261 @ 7.0% cap · market cap 12.11%
Theoretical Best
Office A
$793.1K
$693.9K – $925.2K
NOI $55,514 @ 7.0% cap · market cap 15.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
737
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?
Mixed-use property - An open layout can be reconfigured into separate rooms, with rear access for deliveries and additional parking.
Where is this mixed-use property located?
The property is located at 1410 Ave F Bay City, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 3,120‑square‑foot building on 0.34 acres; Open plan can be converted into separate rooms; Front and rear parking areas
