Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3510 7th St Bay City, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    1.49 acres of commercial land with highway frontage.

    Type:LAND
    Lot size:
    1.49 Acres
    Added:
    Mar 28, 2023
    Days on Market:
    1132
    Last Refresh:
    Apr 5 at 8:54 pm

    Property Features for 3510 7th St

    General Information

    Standard status
    Active
    Lot size
    1.49 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Erik Frankson
    Erik Frankson

    Listing agent Erik Frankson License #645379

    Listing office Ward Real Estate, Inc.

    Listing date Mar 28, 2023

    Source Moodyscre

    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 Ward Real Estate, Inc.

    Overview

    Commercial Land on State HWY

    This commercial property offers approximately 1.49 acres with about 150 feet of frontage on State Highway 35, also known as 7th Street. Public utilities are available. The property is located in downtown Bay City, just minutes from the intersection of Highway 60. The location benefits from a traffic volume of 23,220 vehicles per day. It is situated near several proposed residential developments and new retail spaces. A current survey is on file.
    Location Intelligence

    Current Use by Public Records

    Craft Furniture & Sleep ... Furniture & Home Goods Sleep Shop Furniture & Home Goods

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Matagorda
    State
    Texas
    Longitude
    -95.9474
    Latitude
    28.9823

    Nearby Similar for Sale

    • $649,000
      5,324 SF

      Bay City Medical Office Building

      Large medical office building in immaculate condition, for sale.
      1105 Avenue H, Bay City, TX 77414
      View Details
    • $369,000
      6,982 SF

      Bay City Commercial Corner Property

      Corner location with retail, warehouse, and self-storage potential.
      2002 7th Street, Bay City, TX 77414
      View Details
    • $379,000
      3,120 SF

      Updated Commercial Building on Highway

      Updated 3,120 SF commercial building on 0.34 acres.
      1410 Ave F, Bay City, TX 77414
      View Details
    • $215,000
      5,000 SF

      Bay City Commercial Corner Lot

      High-traffic corner lot near downtown Bay City.
      1616 Avenue F, Bay City, TX 77414
      View Details
    • $581,000
      38,768 SF

      Bay City Land for Sale

      Ready-to-build pad sites in Bay City, Texas.
      6655 7th Street, Bay City, TX 77414
      View Details
    • $479,000
      1,886 SF

      Bay City Commercial Property

      Commercial property on main highway, perfect for various businesses.
      301 7th St., BAY CITY, TX 77414
      View Details
    • $165,000
      7,600 SF

      Bay City Warehouse and Office

      Warehouse with office space and vacant lots in Bay City.
      1912 AVE I, Bay City, TX 77414
      View Details
    • $250,000
      20,736 SF

      Bay City Warehouse with Office

      Over 20,000 sq ft warehouse with office space.
      1709 Ave M, Bay City, TX 77414
      View Details
    • $55,000
      12,296 SF

      Oversized Lot in Valhalla Subdivision

      Large lot ready for your dream home in Bay City.
      4 Stoneybrook Lane, Bay City, TX 77414
      View Details
    • Contact for pricing
      900 SF

      Bay City Commercial Office Space

      Commercial space near HWY 35 and HWY 60 intersection.
      2015 Avenue F, Bay City, TX 77414
      View Details
    • $299,500

      Unrestricted Land on Highway 60

      4.08+/- acres with highway frontage and high visibility.
      HWY 60 N, Bay City, TX 77414
      View Details
    • $220,000

      Bay City 11-Acre Tract

      11 acres near Bay City, ideal for custom development.
      0 12TH ST, Bay City, TX 77414
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.49 acres of commercial land with highway frontage.
    Where is this commercial land located?
    The property is located at 3510 7th St Bay City, TX.
    What is the asking price?
    The asking price for this property is $779,000.
    What are key features of this property?
    This property features: 1.49 Acres of commercial property in downtown Bay City; Approximately 150' of frontage on State HWY 35 (7th Street); High traffic volume: **23,220 VPD**
    (979) 244-6194 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Erik Frankson
    Erik Frankson
    Real Estate License ID: 645379
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    3510 7th St, Bay City, TX

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!