Office Building with Pylon
For Sale
Contact for pricing
2809 North Highway 69, Nederland, TX 77627
Professional office space offers prominent signage and convenient approach from either direction.
Property Size2,871 SF
Lot Size0.54 Acres
Price / SF$174.16
Days on Market72
Property Features for 2809 North Highway 69
General Information
Standard status
Active
Size
2,871 SF
Lot size
0.54 Acres
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
pylon signage
Building Details
Buildings
1
Building Size
2,871 SF
Listing Agency:
J M Prewitt Company
Listed By:
J. MILTON PREWITT, SIOR · License #391133
Source:
Crexi
Added: Aug 11
Changed: Oct 16
Last Checked: Oct 20 at 7:30PM
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 J M Prewitt Company
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Investment Insights
Based on property information with market context.
This 2,871-square-foot office building occupies 0.54 acres at 2809 North Highway 69 at Bourque Road in Nederland, Texas. The property includes finished interior office space and pylon signage, with an established commercial presentation suited to professional operations.
Highway 69 provides access from both northbound and southbound directions. The property is positioned for construction services, engineering, human resources, professional services, and sales uses, subject to applicable requirements.
Highway 69 provides access from both northbound and southbound directions. The property is positioned for construction services, engineering, human resources, professional services, and sales uses, subject to applicable requirements.
Key Highlights
- 2,871‑square‑foot office building on 0.54 acres
- Pylon signage included
- Located at 2809 North Highway 69 at Bourque Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,690
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,800
$773.8K
Cap Rate 7%
$552,714
$552.7K
Cap Rate 9%
$429,889
$429.9K
Market Conditions
NOI Build-Up for 2,871 SF
Gross rent
$58.2K $20.28/SF
− Vacancy
−$6.6K −$2.31/SF
EGI
$51.6K $17.97/SF
− OpEx
−$12.9K −$4.49/SF
NOI
$38.7K $13.48/SF
Area
Jefferson County, TX
Vacancy
11.40%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,800
Cap Rate 7%
$552,714
Cap Rate 9%
$429,889
Alternative Uses
Best Use
Office B
$552.7K
$483.6K – $644.8K
NOI $38,690 @ 7.0% cap · market cap 7.74%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$32.26M
$28.22M – $37.63M
NOI $2,257,982 @ 7.0% cap · market cap 451.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Explore this area
Business Placement
Demographics for 77627, TX
23,296
Population
9,970
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
93%
High-School Grad
13.2 sq mi
ZIP Area
1,765
Density / Sq Mi
$75,778
Median Household Income
$51,556
Median Earnings
$1,364
Median Rent
$201,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Professional office space offers prominent signage and convenient approach from either direction.
Where is this office building located?
The property is located at 2809 North Highway 69 Nederland, 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: 2,871‑square‑foot office building on 0.54 acres; Pylon signage included; Located at 2809 North Highway 69 at Bourque Road
