General Commercial Mixed-Use
For Sale
Contact for pricing
2013 Center Street, Deer Park, TX 77546
The property carries General Commercial zoning and is positioned on Center Street in Deer Park.
Property Size2,692 SF
Price / SF$139.30
Days on Market21
Property Features for 2013 Center Street
General Information
Standard status
Active
Size
2,692 SF
Property subtype
Mixed Use
Zoning
General Commercial
Building Details
Year Built
1950
Buildings
2
Stories
1
Tenancy
Multi
Listing Agency:
Qualified Properties Inc
(713) 947-8023
Listed By:
Alix Fox · License #TX 0435261
Source:
Crexi
Added: Aug 12
Changed: Aug 29
Last Checked: Aug 31 at 4:37AM
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 Qualified Properties Inc
Investment Insights
Based on property information with market context.
This mixed-use property is located at 2013 Center Street in Deer Park, Texas, and carries a General Commercial zoning designation. The building dates to 1950. Center Street serves as a retail and business corridor within Deer Park, placing the property in an established commercial setting.
The site is 2.5 miles south of Highway 225, also known as the Pasadena Freeway, and 3.75 miles east of Beltway 8. These measured distances provide access context for the property within the surrounding Houston-area road network.
The site is 2.5 miles south of Highway 225, also known as the Pasadena Freeway, and 3.75 miles east of Beltway 8. These measured distances provide access context for the property within the surrounding Houston-area road network.
Key Highlights
- General Commercial zoning
- Building constructed in 1950
- Located at 2013 Center Street, Deer Park, TX 77546
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,323
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$686,460
$686.5K
Cap Rate 7%
$490,329
$490.3K
Cap Rate 9%
$381,367
$381.4K
Market Conditions
NOI Build-Up for 2,692 SF
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.
Gross rent
$64.6K $24.00/SF
− Vacancy
−$9.7K −$3.60/SF
EGI
$54.9K $20.40/SF
− OpEx
−$20.6K −$7.65/SF
NOI
$34.3K $12.75/SF
Area
Harris County, TX
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$686,460
Cap Rate 7%
$490,329
Cap Rate 9%
$381,367
Alternative Uses
Best Use
Mixed Use
$490.3K
$429.0K – $572.1K
NOI $34,323 @ 7.0% cap · market cap 9.15%
Second Best
Retail
$456.9K
$399.8K – $533.1K
NOI $31,986 @ 7.0% cap · market cap 8.53%
Theoretical Best
Office A
$735.1K
$643.2K – $857.6K
NOI $51,454 @ 7.0% cap · market cap 13.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
652
Businesses Nearby
93k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 35%
Home Improvements & Furnishings 4%
Hotels & Casinos 3%
McDonald's
Dining
23,760 visits/mo
0.4 miles
Dollar General
Shops & Services
10,727 visits/mo
0.2 miles
Shell
Shops & Services
8,450 visits/mo
0.1 miles
Burger King
Dining
7,919 visits/mo
0.4 miles
The UPS Store
Shops & Services
7,205 visits/mo
0.2 miles
Demographics for 77546, TX
54,670
Population
19,600
Households
2.8
Avg Household Size
40
Median Age
47%
College-Educated
94%
High-School Grad
27.2 sq mi
ZIP Area
2,010
Density / Sq Mi
$121,914
Median Household Income
$67,580
Median Earnings
$1,689
Median Rent
$354,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property carries General Commercial zoning and is positioned on Center Street in Deer Park.
Where is this mixed-use property located?
The property is located at 2013 Center Street Deer Park, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: General Commercial zoning; Building constructed in 1950; Located at 2013 Center Street, Deer Park, TX 77546
