Historic Office Building with
For Sale
Contact for pricing
2813 45th Street, Dickinson, TX
Downtown Dickinson office building with leased detached garage.
Property Size1,367 SF
Lot Size0.21 Acres
Price / SF$263.28
Days on Market383
Property Features for 2813 45th Street
General Information
Standard status
Active
Size
1,367 SF
Lot size
0.21 Acres
Property subtype
OFFICE
Listing Agency:
Real Estate Connection International
(713) 598-8868
Listed By:
Lisa Kurrass · License #0409804
(713) 598-8868
Source:
Moodyscre
Added: Jul 15, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:00AM
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 Real Estate Connection International
Investment Insights
Based on property information with market context.
This property is located in downtown Dickinson, next to City Hall. It features a freestanding historic home with 1,367 square feet of building space on a 0.21-acre lot. Additionally, there is a 440-square-foot detached garage, currently leased as a gym for $440 per month. The property includes an additional lot of 0.14 acres.
Key Highlights
- Freestanding Historic Home in Downtown Dickinson
- Includes Additional Lot (0.14 SF)
- Located Next to City Hall
Financial Insights For Office B
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 | $31.7k | $23.16 |
| − Vacancy | −$8.3k | −$6.09 |
| EGI | $23.3k | $17.07 |
| − OpEx | −$5.8k | −$4.27 |
| NOI | $17.5k | $12.80 |
1,367 SF · lease $23.16/SF/yr · vacancy 26.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$250.0K
$218.8K – $291.7K
NOI $17,500 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$15.33M
$13.41M – $17.88M
NOI $1,072,827 @ 7.0% cap · market cap 298.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Downtown Dickinson office building with leased detached garage.
Where is this office building located?
The property is located at 2813 45th Street Dickinson, TX.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Freestanding Historic Home in Downtown Dickinson; Includes Additional Lot (0.14 SF); Located Next to City Hall
