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Remodeled Twin Flex Office-Warehouse Spaces
For Sale
$990,000

404- 406 Newport Boulevard, League City, TX 77573

Two modern flex suites combine private offices, warehouse areas, and parking for service-oriented business operations.

Property Size33,773 SF
Lot Size0.77 Acres
Price / SF$29.31
Days on Market54

Property Features for 404- 406 Newport Boulevard

General Information

Standard status Active
Size 33,773 SF
Total Parking Spaces 28
Lot size 0.77 Acres
Zoning Light Commercial

Additional Details

Office Units 2

Building Details

Buildings 2
Listing Agency: eXp Commercial
Listed By: Jason Suchecki · License #747765
Source: Expcommercial
Added: Aug 15 Changed: Oct 6 Last Checked: Oct 5 at 3:02PM

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 eXp Commercial

Investment Insights

Based on property information with market context.

This flex property includes two separate office-and-warehouse suites totaling approximately 5,800 SF on approximately 33,733 SF of land. The recently remodeled interiors feature luxury vinyl plank flooring, fresh paint, and upgraded LED lighting. Both suites provide reception areas, private offices, conference rooms, and warehouse or garage-storage space. One suite also includes a bullpen and kitchenette, while the other offers six offices, a conference room with sink, and two restrooms.

Approximately 28 total parking spaces serve the property, including 13 spaces assigned to one suite and 15 to the other. The parking layout accommodates small fleet and service vehicles. Built in 2007, the property supports an owner-user structure in which one suite can be occupied while the other is leased. The projected pro forma cap rate is approaching 9%, subject to the stated assumptions.

Key Highlights

  • Two remodeled flex office‑warehouse suites totaling approximately 5,800 SF
  • Approximately 33,733 SF of land with approximately 28 total parking spaces
  • One suite includes reception, 2 offices, bullpen, kitchenette, conference room, and warehouse/garage storage

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Grocery & Convenience Store Food Market Accounting Firm Acupuncture

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

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

765
Businesses Nearby
Under-served
Demand for This Use

Demographics for 77573, TX

95,256
Population
37,188
Households
2.6
Avg Household Size
37
Median Age
49%
College-Educated
96%
High-School Grad
29.8 sq mi
ZIP Area
3,197
Density / Sq Mi
$122,783
Median Household Income
$67,441
Median Earnings
$1,647
Median Rent
$342,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two modern flex suites combine private offices, warehouse areas, and parking for service-oriented business operations.
Where is this flex space located?
The property is located at 404- 406 Newport Boulevard League City, TX.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Two remodeled flex office‑warehouse suites totaling approximately 5,800 SF; Approximately 33,733 SF of land with approximately 28 total parking spaces; One suite includes reception, 2 offices, bullpen, kitchenette, conference room, and warehouse/garage storage
More about this property
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