Building Details

Year Built 1978

Listing Agency: Carswell Real Estate Co. Inc.

Listed By: Luke Tamez · License #0745321 Show Phone

Source: Doorstephomegroup

Added: Jul 29 Changed: Oct 25 Last Checked: Sep 29 at 11:31AM

Report an Issue

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 Carswell Real Estate Co. Inc.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This motel property includes 11 units and an attached restaurant, offering a combined lodging and foodservice setup. The building was constructed in 1978.

The property is located at 2201 Avenue J in San Leon, just off FM 517. Public remarks describe convenient access and visibility in an area between Kemah and Texas City, with minutes to League City.

For buyers or owner-operators seeking a single site that supports both overnight stays and in-house dining, the attached restaurant component can be part of the operating plan. Prospective buyers should review zoning, measurements, and intended use independently.

Key Highlights

• 11‑unit motel with attached restaurant
• Built in 1978
• Located just off FM 517 at 2201 Avenue J, San Leon

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$38,401

Cap Rate

7.68%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$768,020 $768.0K

Cap Rate 7%

$548,586 $548.6K

Cap Rate 9%

$426,678 $426.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,646 SF

Gross rent

$54.3K $20.52/SF

− Vacancy

−$3.1K −$1.17/SF

EGI

$51.2K $19.35/SF

− OpEx

−$12.8K −$4.84/SF

NOI

$38.4K $14.51/SF

Area

Galveston County, TX

Vacancy

5.70%

Lease Rate

$20.52 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$768,020

Cap Rate 7%

$548,586

Cap Rate 9%

$426,678

Alternative Uses

Best Use

Hotel Hospitality

$1.99M

$1.74M – $2.33M (±1% cap)

NOI $139,510 @ 7.0% cap · market cap 27.90%

Second Best

Specialty Retail

$548.6K

$480.0K – $640.0K (±1% cap)

NOI $38,401 @ 7.0% cap · market cap 7.68%

Theoretical Best

Multifamily LT 5

$29.67M

$25.96M – $34.61M (±1% cap)

NOI $2,076,590 @ 7.0% cap · market cap 415.32%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Bayside Motel Hotel & Motel Leon Food Mart Gas Station

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage HVAC Service Hair Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

122

Businesses Nearby

6k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Exxon Shops & Services

5,589 visits/mo 0.3 miles

Demographics for 77539, TX

48,183

Population

18,725

Households

2.6

Avg Household Size

36

Median Age

26%

College-Educated

84%

High-School Grad

48.4 sq mi

ZIP Area

996

Density / Sq Mi

$85,263

Median Household Income

$49,580

Median Earnings

$1,370

Median Rent

$246,400

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Similar Off Market Nearby

• The Hoek Hotel — 1232 Dick Bay St, San Leon, TX 77539
• Bayside Motel — 2201 Avenue J, San Leon, TX 77539
• Coastal RV Park — 1105 Fm 517, Between 11th and 12 th Street, San Leon, TX 77539
• Avenue D & 22nd Street — San Leon, TX 77539
• Sea Breeze Mobile Home Park — 550 24th St, San Leon, TX 77539

Frequently Asked Questions

What type of property is this?

Motel - 11-unit motel with an attached restaurant, built in 1978, just off FM 517 in San Leon.

Where is this motel located?

The property is located at 2201 Avenue J San Leon, TX.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: 11‑unit motel with attached restaurant; Built in 1978; Located just off FM 517 at 2201 Avenue J, San Leon