Multi-Suite Retail
1801 1st St Galena Park, TX 77547
1801 1st St, Galena Park, TX, 77547
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For Sale
Contact for pricing
Retail center with multiple suites and full frontage ingress/egress at a high-visibility corner location.
Property Size3,400 SF
Lot Size0.23 Acres
Price / SF$323.53
Days on Market65
Property Features for 1801 1st St
General Information
- Standard status
- Active
- Size
- 3,400 SF
- Lot size
- 0.23 Acres
- Property subtype
- RETAIL
Listing agency
Apex Brokerage, LLC
(832) 282-0224
Listed by
Farid Chatur · License #0599697
(832) 282-0224
Source
Moodyscre
Added: May 19 Updated: Jul 22 at 7:29AM Checked: Jul 22 at 7:29AM
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 Apex Brokerage, LLC
Investment Insights
Based on property information with market context.
This retail center offers multiple retail suites within an approximately 3,400 SF building footprint, set on a roughly 10,000 SF land area. The property is positioned for convenient customer access with full frontage ingress and egress and is supported by a strong parking ratio.
Located on a high-visibility corner, the site is approximately one block from a signalized intersection. The surrounding area includes residential and industrial development, with proximity to the Houston Ship Channel noted in the offering.
The property is being marketed as an owner-user or investment opportunity, providing a straightforward option for tenants and investors seeking a multi-suite storefront configuration in a corner retail setting.
Located on a high-visibility corner, the site is approximately one block from a signalized intersection. The surrounding area includes residential and industrial development, with proximity to the Houston Ship Channel noted in the offering.
The property is being marketed as an owner-user or investment opportunity, providing a straightforward option for tenants and investors seeking a multi-suite storefront configuration in a corner retail setting.
Key Highlights
- 3,400 SF retail center with multiple retail suites
- 10,000 SF land area
- High‑visibility corner location one block from a signalized intersection
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 | $61.2k | $18.00 |
| − Vacancy | −$3.5k | −$1.03 |
| EGI | $57.7k | $16.97 |
| − OpEx | −$17.3k | −$5.09 |
| NOI | $40.4k | $11.88 |
3,400 SF · lease $18.00/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$577.1K
$505.0K – $673.3K
NOI $40,398 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$928.4K
$812.3K – $1.08M
NOI $64,986 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Strip malls
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Retail center with multiple suites and full frontage ingress/egress at a high-visibility corner location.
Where is this strip mall located?
The property is located at 1801 1st St Galena Park, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,400 SF retail center with multiple retail suites; 10,000 SF land area; High‑visibility corner location one block from a signalized intersection
