High-Visibility Flexible-Use Bacliff
For Sale
Contact for pricing
215 Grand Ave, Bacliff, TX 77518
Flexible-use property with high visibility on a main artery.
Property Size1,449 SF
Lot Size0.21 Acres
Price / SF$148.38
Days on Market203
Property Features for 215 Grand Ave
General Information
Standard status
Active
Size
1,449 SF
Lot size
0.21 Acres
Property subtype
Mixed Use, Office, Retail
Zoning
res
Building Details
Buildings
1
Units
1
Listing Agency:
The AskOzzie.com Real Estate
Listed By:
Ozzie Ramirez · License #0534431
(281) 317-0019
Source:
Crexi
Added: Mar 19
Changed: Sep 29
Last Checked: Oct 5 at 3:31PM
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 The AskOzzie.com Real Estate
Investment Insights
Based on property information with market context.
Located on Grand Avenue, a main route to the water in Bacliff, this property offers visibility, access, and flexibility. The 1,400+ sq ft property sits on a 9,000 sq ft lot with approximately 75 ft of street frontage. The layout and existing finishes lend themselves well to professional or live-work use while still functioning as a traditional residence. A large side yard and second gated driveway provide practical space for parking, work vehicles, or separate access. Positioned in a levee-protected 500-year floodplain with standard residential utilities already in place. This unrestricted property is ideal for buyers seeking a high-exposure property with flexible-use potential in the heart of Bacliff.
Key Highlights
- High‑visibility location on a main route to the water (Grand Ave).
- Flexible‑use potential: professional, live‑work, or traditional residence.
- Large 9,000 sq ft lot with approximately 75 ft of street frontage.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,550
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,000
$371.0K
Cap Rate 7%
$265,000
$265.0K
Cap Rate 9%
$206,111
$206.1K
Market Conditions
NOI Build-Up for 1,449 SF
Gross rent
$33.6K $23.16/SF
− Vacancy
−$8.8K −$6.09/SF
EGI
$24.7K $17.07/SF
− OpEx
−$6.2K −$4.27/SF
NOI
$18.5K $12.80/SF
Area
Galveston County, TX
Vacancy
26.30%
Lease Rate
$23.16 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,000
Cap Rate 7%
$265,000
Cap Rate 9%
$206,111
Alternative Uses
Best Use
Office B
$265.0K
$231.9K – $309.2K
NOI $18,550 @ 7.0% cap · market cap 8.63%
Second Best
Mixed Use
$204.9K
$179.3K – $239.1K
NOI $14,345 @ 7.0% cap · market cap 6.67%
Theoretical Best
Multifamily LT 5
$16.25M
$14.21M – $18.95M
NOI $1,137,180 @ 7.0% cap · market cap 528.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Explore this area
Business Placement
Demographics for 77518, TX
9,689
Population
3,950
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
78%
High-School Grad
3.2 sq mi
ZIP Area
3,028
Density / Sq Mi
$54,806
Median Household Income
$36,220
Median Earnings
$1,169
Median Rent
$168,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible-use property with high visibility on a main artery.
Where is this mixed-use property located?
The property is located at 215 Grand Ave Bacliff, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: High‑visibility location on a main route to the water (Grand Ave).; Flexible‑use potential: professional, live‑work, or traditional residence.; Large 9,000 sq ft lot with approximately 75 ft of street frontage.
