Motel with Attached
New
For Sale
$500,000
2201 Avenue J, San Leon, TX 77539
11-unit motel with an attached restaurant, built in 1978, just off FM 517 in San Leon.
Days on Market2
Property Features for 2201 Avenue J
General Information
Standard status
Active
Property subtype
Investment
Additional Details
Road Access
Yes
Building Details
Building Size
2,646 SF
Year Built
1978
Listing Agency:
CARSWELL REAL ESTATE CO. INC.
(346) 273-7800
Listed By:
Luke Tamez
(346) 273-7800
Source:
Elliman
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 30 at 7:10AM
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.
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.
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 For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.3k | $20.52 |
| − Vacancy | −$3.1k | −$1.17 |
| EGI | $51.2k | $19.35 |
| − OpEx | −$12.8k | −$4.84 |
| NOI | $38.4k | $14.51 |
2,646 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Hotel Hospitality
$1.99M
$1.74M – $2.33M
NOI $139,510 @ 7.0% cap · market cap 27.90%
Second Best
Specialty Retail
$548.6K
$480.0K – $640.0K
NOI $38,401 @ 7.0% cap · market cap 7.68%
Theoretical Best
Multifamily LT 5
$29.67M
$25.96M – $34.61M
NOI $2,076,590 @ 7.0% cap · market cap 415.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Bayside Motel — 2201 Avenue J, San Leon, TX 77539
- The Hoek Hotel — 1232 Dick Bay St, San Leon, TX 77539
- Coastal RV Park — 1105 Fm 517, Between 11th and 12 th Street, San Leon, TX 77539
- Sea Breeze Mobile Home Park — 550 24th St, San Leon, TX 77539
- Avenue D & 22nd Street — 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