Flex Office with
332 E PLANTATION DR, Clute, TX 77531
For Sale
Contact for pricing
Fully renovated flex building combining office space, workshop area, and second-level storage with a roll-up loading door.
Property Size3,351 SF
Price / SF$104.15
Days on Market113
Property Features for 332 E PLANTATION DR
General Information
Standard status
Size
Property subtype
Additional Details
Business Included
Building Details
Year Built
Year Renovated
Units
Listing Agency:
Coldwell Banker Ultimate
Listed By:
Lanita Koppe · License #565030
Source:
Crexi
Added: Jul 20
Changed: Nov 9
Last Checked: Nov 8 at 7:54AM
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 Coldwell Banker Ultimate
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Investment Insights
Based on property information with market context.
This fully renovated flex property combines professional office space with a functional warehouse/workshop and additional storage. The office portion includes a reception area, waiting room, two open office areas, a restroom, a utility closet, and wet bar connections for future customization. Adjacent to the office, the workshop area offers an open layout designed for equipment, fabrication, inventory, fleet vehicles, or warehouse storage, with an oversized roll-up garage door for convenient loading and access. Above the workshop, there is a second-level storage area to add extra space without reducing usable work area below.
The property is located along E. Plantation Drive in Clute, providing convenient access throughout the Brazosport area.
Renovations described include a new roof, complete electrical rewire, new insulation, new PEX water lines, new studs, replaced exterior siding, updated interior walls with new texture and paint, luxury vinyl plank flooring in the office, new doors, lighting, ceiling fans, a tankless electric water heater, upgraded HVAC, and a new manual roll-up garage door.
The property is located along E. Plantation Drive in Clute, providing convenient access throughout the Brazosport area.
Renovations described include a new roof, complete electrical rewire, new insulation, new PEX water lines, new studs, replaced exterior siding, updated interior walls with new texture and paint, luxury vinyl plank flooring in the office, new doors, lighting, ceiling fans, a tankless electric water heater, upgraded HVAC, and a new manual roll-up garage door.
Key Highlights
- Approximately 3,351 SF fully renovated flex building with office, workshop, and second‑level storage
- Office area of approximately 1,250 SF includes reception, waiting room, two open office areas, restroom, and utility closet
- Workshop/work area of approximately 2,100 SF with open layout plus an oversized roll‑up garage door for loading and access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,954
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,080
$419.1K
Cap Rate 7%
$299,343
$299.3K
Cap Rate 9%
$232,822
$232.8K
Market Conditions
NOI Build-Up for 3,351 SF
Gross rent
$26.9K $8.04/SF
− Vacancy
−$2.3K −$0.68/SF
EGI
$24.7K $7.36/SF
− OpEx
−$3.7K −$1.10/SF
NOI
$21.0K $6.25/SF
Area
Brazoria County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,080
Cap Rate 7%
$299,343
Cap Rate 9%
$232,822
Alternative Uses
Best Use
Office B
$799.2K
$699.3K – $932.4K
NOI $55,944 @ 7.0% cap · market cap 16.03%
Second Best
Warehouse
$299.3K
$261.9K – $349.2K
NOI $20,954 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$855.3K
$748.4K – $997.9K
NOI $59,871 @ 7.0% cap · market cap 17.16%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 77531, TX
15,666
Population
7,502
Households
2.1
Avg Household Size
33
Median Age
17%
College-Educated
83%
High-School Grad
11.7 sq mi
ZIP Area
1,339
Density / Sq Mi
$71,583
Median Household Income
$40,817
Median Earnings
$1,217
Median Rent
$236,800
Median Home Value
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Market
Properties on Market for Flex space in Brazoria County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Fully renovated flex building combining office space, workshop area, and second-level storage with a roll-up loading door.
Where is this flex space located?
The property is located at 332 E PLANTATION DR Clute, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Approximately 3,351 SF fully renovated flex building with office, workshop, and second‑level storage; Office area of approximately 1,250 SF includes reception, waiting room, two open office areas, restroom, and utility closet; Workshop/work area of approximately 2,100 SF with open layout plus an oversized roll‑up garage door for loading and access
