1500 N Washington Ave, Cleveland, TX 77327
Corner commercial site with public utilities and buildings suited for automotive, retail, office, or service use.
- Added:
- Jun 10, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 13 at 3:41 am
Property Features for 1500 N Washington Ave
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Lot size
- 0.49 Acres
- Property subtype
- RETAIL
Listing agent Anne Vickery License #0484993 (713) 907-9680
Listing office Anne Vickery & Associates Realty LLC (713) 907-9680
Listing date Jun 10, 2026
Source Moodyscre
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
HighLights
- 0.49‑acre corner commercial site (21,344 SF) with public utilities available
- Buildings on‑site include one formerly used as a mechanic shop and another small building formerly used as a gas station
- Fuel tanks have been removed per the TCEQ
- Corner location offers accessibility with convenient ingress and egress for customers and employees
- Located near downtown Cleveland with access to US Highway 59
Overview
Positioned along a primary business corridor, the property is described as having strong street presence and convenient ingress and egress due to its corner location. It is also noted as being near downtown Cleveland and major transportation routes, including US Highway 59.
With existing automotive-related improvements and a corner configuration, the property can be a practical fit for businesses seeking a commercial location with on-site structures and straightforward vehicle access. It may also suit buyers evaluating redevelopment for a range of commercial uses such as retail, office, or service, subject to applicable requirements.
Local 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 | $24.6k | $20.52 |
| − Vacancy | −$1.4k | −$1.17 |
| EGI | $23.2k | $19.35 |
| − OpEx | −$5.8k | −$4.84 |
| NOI | $17.4k | $14.51 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- George's Garage — 312 N Washington Ave, Cleveland, TX 77327
- Redline Tires, Auto and Semi — 110 W Boothe St, Cleveland, TX 77327
- Smith Towing — 213 N Washington Ave, Cleveland, TX 77327
- Kirchner's Auto/Fleet (24hr. Roadside Mechanic Service's) — Road side only, Cleveland, TX 77327
- Smith Auto Electric — 112 W Boothe St, Cleveland, TX 77327
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Liberty
- State
- Texas
- Longitude
- -95.082803
- Latitude
- 30.354644
