League City Industrial Facility For
For Sale
$4,990,000
2705 Dickinson Avenue, League City, TX 77573
Industrial facility in a growing area between Houston and Galveston.
Property Size29,244 SF
Lot Size4.33 Acres
Price / SF$170.63
Days on Market197
Property Features for 2705 Dickinson Avenue
General Information
Standard status
Active
Size
29,244 SF
Lot size
4.33 Acres
Property subtype
Industrial
Listed By:
Tom Lynch
(713) 577-1759
Source:
Cbre
Added: Mar 25
Changed: Sep 24
Last Checked: Oct 5 at 5:07PM
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 Tom Lynch
Investment Insights
Based on property information with market context.
Located in a growing area between Houston and Galveston, the industrial facility at 2705 Dickinson Ave, League City, TX, offers a footprint of 29,244 square feet on 4.33 acres. Constructed in 2016, the property is less than 2 miles from I-45 and 4.5 miles from Hwy 146. The property features approximately 344 feet of frontage on Dickinson Ave, providing convenient access. It also offers access to FM 646 or League City parkway back to I-45. The facility is suitable for manufacturing or other uses. It includes approximately 1.09 acres with approximately 170 paved spots, currently used for parking but potentially for overflow storage. The building has a 9,000 square foot second story office space which can be removed and is not part of the building square footage. The facility is fully air-conditioned and equipped with a sprinklered fire suppression system. It features 24' eaves and 2 grade level doors, with 3 phase power/1000 amps service.
Key Highlights
- Strategic location between Houston and Galveston, less than 2 miles from I‑45 and 4.5 miles from Hwy 146.
- 29,244 SF footprint on 4.33 acres suitable for manufacturing or other uses.**
- ±1.09 AC (±170 paved spots) for parking or overflow storage.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$291,095
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,821,900
$5.8M
Cap Rate 7%
$4,158,500
$4.2M
Cap Rate 9%
$3,234,389
$3.2M
Market Conditions
NOI Build-Up for 29,244 SF
Gross rent
$438.7K $15.00/SF
− Vacancy
−$22.8K −$0.78/SF
EGI
$415.8K $14.22/SF
− OpEx
−$124.8K −$4.27/SF
NOI
$291.1K $9.95/SF
Area
League City, TX
Vacancy
5.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,821,900
Cap Rate 7%
$4,158,500
Cap Rate 9%
$3,234,389
Alternative Uses
Best Use
Industrial
$4.16M
$3.64M – $4.85M
NOI $291,095 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.90M
$7.78M – $10.38M
NOI $622,675 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
Explore this area
Business Placement
Demographics for 77573, TX
95,256
Population
37,188
Households
2.6
Avg Household Size
37
Median Age
49%
College-Educated
96%
High-School Grad
29.8 sq mi
ZIP Area
3,197
Density / Sq Mi
$122,783
Median Household Income
$67,441
Median Earnings
$1,647
Median Rent
$342,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial facility in a growing area between Houston and Galveston.
Where is this manufacturing property located?
The property is located at 2705 Dickinson Avenue League City, TX.
What is the asking price?
The asking price for this property is $4,990,000.
What are key features of this property?
This property features: Strategic location between Houston and Galveston, less than 2 miles from I‑45 and 4.5 miles from Hwy 146.; 29,244 SF footprint on 4.33 acres suitable for manufacturing or other uses.**; ±1.09 AC (±170 paved spots) for parking or overflow storage.
