Adaptable Flex Space with
For Sale
Contact for pricing
200 Motel Dr., Alvin, TX 77511
Versatile commercial facility combining warehouse capacity, office areas, loading access, and potential for multiple operational layouts.
Property Size10,080 SF
Price / SF$128.97
Days on Market252
Property Features for 200 Motel Dr.
General Information
Standard status
Active
Size
10,080 SF
Property subtype
Industrial, Mixed Use, Self Storage
Lease Type
Gross
Warehouse & Industrial
Warehouse Space
8,800 SF
Office Build-Out
1,250 SF
Additional Details
Office Units
5
Amenities
conference room
kitchenette
Building Details
Tenancy
Multi
Listing Agency:
Berkshire Hathaway Premier Properties
Listed By:
Debbie Burr · License #TX 0656640
(713) 416-0337
Source:
Crexi
Added: Feb 6
Changed: Oct 4
Last Checked: Oct 16 at 7:18AM
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 Berkshire Hathaway Premier Properties
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Investment Insights
Based on property information with market context.
This 10,080-square-foot flex property combines approximately 8,800 square feet of warehouse area with approximately 1,250 square feet of office space. The configuration supports light industrial, showroom, distribution, and technology-oriented operations, with dedicated entry points and high ceilings that expand storage options.
Loading access includes two 12-foot roll-up doors, along with a smaller garage door serving the breezeway. The office component includes five offices, a conference room, bathrooms, and a kitchenette, and the source information also identifies potential for living quarters. The layout can be adapted for different business requirements and is also available for lease.
Loading access includes two 12-foot roll-up doors, along with a smaller garage door serving the breezeway. The office component includes five offices, a conference room, bathrooms, and a kitchenette, and the source information also identifies potential for living quarters. The layout can be adapted for different business requirements and is also available for lease.
Key Highlights
- 10,080‑square‑foot flex property with approximately 8,800 SF of warehouse area
- Approximately 1,250 square feet of office space
- Two 12‑foot roll‑up doors support warehouse loading
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,031
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,260,620
$1.3M
Cap Rate 7%
$900,443
$900.4K
Cap Rate 9%
$700,344
$700.3K
Market Conditions
NOI Build-Up for 10,080 SF
Gross rent
$81.0K $8.04/SF
− Vacancy
−$6.9K −$0.68/SF
EGI
$74.2K $7.36/SF
− OpEx
−$11.1K −$1.10/SF
NOI
$63.0K $6.25/SF
Area
Brazoria County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,260,620
Cap Rate 7%
$900,443
Cap Rate 9%
$700,344
Alternative Uses
Best Use
Office B
$2.40M
$2.10M – $2.80M
NOI $168,283 @ 7.0% cap · market cap 12.94%
Second Best
Warehouse
$900.4K
$787.9K – $1.05M
NOI $63,031 @ 7.0% cap · market cap 4.85%
Theoretical Best
Multifamily LT 5
$125.57M
$109.88M – $146.50M
NOI $8,790,051 @ 7.0% cap · market cap 676.16%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
5
Office units
Location Intelligence
Trade Area within ½ mile
890
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77511, TX
51,093
Population
20,499
Households
2.5
Avg Household Size
37
Median Age
19%
College-Educated
83%
High-School Grad
150.1 sq mi
ZIP Area
340
Density / Sq Mi
$77,015
Median Household Income
$43,119
Median Earnings
$1,213
Median Rent
$218,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial facility combining warehouse capacity, office areas, loading access, and potential for multiple operational layouts.
Where is this flex space located?
The property is located at 200 Motel Dr. Alvin, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 10,080‑square‑foot flex property with approximately 8,800 SF of warehouse area; Approximately 1,250 square feet of office space; Two 12‑foot roll‑up doors support warehouse loading
