Mixed-Use Property with
2301 S Kemah Dr, Kemah, TX 77565
For Sale
Contact for pricing
An upstairs residence and a separate downstairs area accompany the property’s workspace and storage.
Property Size4,000 SF
Lot Size1.00 Acre
Price / SF$323.75
Days on Market10
Property Features for 2301 S Kemah Dr
General Information
Standard status
Size
Lot size
Property subtype
Warehouse & Industrial
Clear Height
Warehouse Space
Drive-In Doors
Additional Details
Property Use
Building Details
Building Size
Listing Agency:
Great Western Realty
Listed By:
MICHELE CROUCH · License #0470663
(832) 661-2072
Source:
Crexi
Added: Oct 31
Changed: Nov 8
Last Checked: Nov 8 at 5:11PM
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 Great Western Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property combines an upstairs, two-bedroom residence with a separate downstairs area that includes a full kitchen, bathroom, and dedicated laundry room. The building also has workshop space, three roll-up doors, and extensive storage. Hurricane-rated windows are installed, and the interiors have been updated. The residence includes a full kitchen; conflicting descriptions of its bathroom count are omitted.
The property covers approximately one acre at a corner location and has three separate driveways. There is no HOA. The downstairs area can serve as office or business space, subject to applicable restrictions and approvals. The property pairs residential quarters with substantial workspace on one site.
The property covers approximately one acre at a corner location and has three separate driveways. There is no HOA. The downstairs area can serve as office or business space, subject to applicable restrictions and approvals. The property pairs residential quarters with substantial workspace on one site.
Key Highlights
- Approximately one acre at a corner location
- Workshop space with three roll‑up doors
- Upstairs residence with two bedrooms and a full kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,207
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,024,140
$1.0M
Cap Rate 7%
$731,529
$731.5K
Cap Rate 9%
$568,967
$569.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$92.6K $23.16/SF
− Vacancy
−$24.4K −$6.09/SF
EGI
$68.3K $17.07/SF
− OpEx
−$17.1K −$4.27/SF
NOI
$51.2K $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%
$1,024,140
Cap Rate 7%
$731,529
Cap Rate 9%
$568,967
Alternative Uses
Best Use
Office B
$731.5K
$640.1K – $853.5K
NOI $51,207 @ 7.0% cap · market cap 3.95%
Second Best
Mixed Use
$565.7K
$495.0K – $660.0K
NOI $39,600 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$1.02M
$892.1K – $1.19M
NOI $71,369 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
25 ft
Clear height
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
Explore this area
Business Placement
Demographics for 77565, TX
6,966
Population
3,304
Households
2.1
Avg Household Size
47
Median Age
42%
College-Educated
95%
High-School Grad
3.6 sq mi
ZIP Area
1,935
Density / Sq Mi
$85,726
Median Household Income
$54,877
Median Earnings
$1,667
Median Rent
$376,600
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - An upstairs residence and a separate downstairs area accompany the property’s workspace and storage.
Where is this mixed-use property located?
The property is located at 2301 S Kemah Dr Kemah, TX.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Approximately one acre at a corner location; Workshop space with three roll‑up doors; Upstairs residence with two bedrooms and a full kitchen
