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Retail Space For Sale
For Sale
Contact for pricing
Pending

3221 Palmer Hwy, Texas City, TX 77590

Retail space available, 1,781 SqFt, 5.50% CAP Rate.

Property Size1,781 SF
Days on Market197

Property Features for 3221 Palmer Hwy

General Information

Standard status Pending
Size 1,781 SF
Total Parking Spaces 33
Property subtype Retail
Zoning (E) General Business
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $160,000

Building Details

Year Built 2009
Buildings 1
Stories 2
Tenancy Single
Listing Agency: SRS Louisville
Listed By: Sarah Shanks · License #271256
Source: Crexi
Added: Feb 17 Changed: Aug 14 Last Checked: Aug 31 at 6:52PM

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 SRS Louisville

Investment Insights

Based on property information with market context.

This is a retail space offering 1,781 square feet of space. The property is being offered for sale and has a 5.50% CAP rate.

Key Highlights

  • 5.50% CAP Rate offering great investment potential
  • Retail Property suitable for various business ventures
  • 1,781 SqFt provides a functional space

Property Analytics

Current Use

Sonic Drive-In Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Spa & Massage Center Gym & Fitness Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

633
Businesses Nearby
364k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 33% Dining 31% Shops & Services 26% Apparel 6%
H-E-B Groceries
64,634 visits/mo 0.5 miles
Kroger Groceries
40,960 visits/mo 0.4 miles
McDonald's Dining
32,516 visits/mo 0.4 miles
Dollar Tree Shops & Services
21,835 visits/mo 0.4 miles
Ross Dress for Less Apparel
19,483 visits/mo 0.4 miles

Demographics for 77590, TX

30,758
Population
14,419
Households
2.1
Avg Household Size
38
Median Age
16%
College-Educated
84%
High-School Grad
25.2 sq mi
ZIP Area
1,221
Density / Sq Mi
$63,274
Median Household Income
$36,993
Median Earnings
$1,179
Median Rent
$168,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available, 1,781 SqFt, 5.50% CAP Rate.
Where is this retail space located?
The property is located at 3221 Palmer Hwy Texas City, TX.
What is the asking price?
The asking price for this property is $2,689,000.
What are key features of this property?
This property features: 5.50% CAP Rate offering great investment potential; Retail Property suitable for various business ventures; 1,781 SqFt provides a functional space
More about this property
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