Downtown Retail Storefront with
For Sale
Contact for pricing
Pending
209 N Velasco St, Angleton, TX 77515
Move-in ready storefront in a shopping strip with a private restroom and washer/dryer hookups.
Property Size1,000 SF
Days on Market1478
Property Features for 209 N Velasco St
General Information
Standard status
Pending
Size
1,000 SF
Taxes and HOA fees
Annual Taxes
$13,033
Amenities
private restroom
washer and dryer hook ups
Listing Agency:
Mega Realty
(979) 297-6000
Listed By:
Stephanie Sillavan · License #0730548
(979) 299-8887
Source:
Exprealty
Added: Oct 6, 2022
Changed: Oct 7
Last Checked: Oct 20 at 11:06PM
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 Mega Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Available November 1st, this move-in ready storefront is positioned within a shopping strip in an active part of downtown Angleton. The space includes business 288B frontage, a private restroom, and washer and dryer hook ups.
The property sits among nearby boutiques and restaurants, providing a retail-oriented setting for day-to-day operations. Prospective tenants and buyers can view the unit to confirm layout and fit for their specific use.
As configured, the offering is a compact retail storefront with core in-unit amenities and direct frontage exposure within the strip setting.
The property sits among nearby boutiques and restaurants, providing a retail-oriented setting for day-to-day operations. Prospective tenants and buyers can view the unit to confirm layout and fit for their specific use.
As configured, the offering is a compact retail storefront with core in-unit amenities and direct frontage exposure within the strip setting.
Key Highlights
- Move‑in ready storefront available Nov 1 in an active downtown Angleton shopping area
- Business 288B frontage and located within a shopping strip
- Includes a private restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,545
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,900
$270.9K
Cap Rate 7%
$193,500
$193.5K
Cap Rate 9%
$150,500
$150.5K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$20.5K $20.52/SF
− Vacancy
−$1.2K −$1.17/SF
EGI
$19.4K $19.35/SF
− OpEx
−$5.8K −$5.81/SF
NOI
$13.5K $13.55/SF
Area
Brazoria County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,900
Cap Rate 7%
$193,500
Cap Rate 9%
$150,500
Alternative Uses
Best Use
Retail
$193.5K
$169.3K – $225.8K
NOI $13,545 @ 7.0% cap · market cap 752.50%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$12.46M
$10.90M – $14.53M
NOI $872,029 @ 7.0% cap · market cap 48,446.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 44%
Shipley Do-Nuts
Dining
7,357 visits/mo
0.5 miles
Wells Fargo
Shops & Services
4,528 visits/mo
0.4 miles
AutoZone
Shops & Services
3,190 visits/mo
0.4 miles
Chinese Wok
Dining
3,163 visits/mo
0.3 miles
Family Dollar
Shops & Services
542 visits/mo
0.2 miles
Demographics for 77515, TX
32,710
Population
13,127
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
204.5 sq mi
ZIP Area
160
Density / Sq Mi
$89,029
Median Household Income
$48,097
Median Earnings
$1,024
Median Rent
$210,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Angleton flower and gift shop — 505 n velasco st, angleton, tx 77515
- Angleton Flower & Gift Shop — 505 N Velasco St, Angleton, TX 77515
Frequently Asked Questions
What type of property is this?
Storefront property - Move-in ready storefront in a shopping strip with a private restroom and washer/dryer hookups.
Where is this storefront property located?
The property is located at 209 N Velasco St Angleton, TX.
What are key features of this property?
This property features: Move‑in ready storefront available Nov 1 in an active downtown Angleton shopping area; Business 288B frontage and located within a shopping strip; Includes a private restroom
