Versatile Property with Ample
For Sale
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4211 Video St, Dickinson, TX 77539
Well-located property with strong visual appeal and functional parking.
Property Size3,582 SF
Price / SF$277.78
Days on Market207
Property Features for 4211 Video St
General Information
Standard status
Active
Size
3,582 SF
Property subtype
Mixed Use, Office, Retail, Special Purpose
Occupancy
100%
Investment Type
Owner/User
Building Details
Year Built
1971
Buildings
1
Listing Agency:
Keller Williams Clear Lake/ NASA
Listed By:
Jennifer Massey · License #tx 0764862
Source:
Crexi
Added: Jan 27
Changed: Aug 8
Last Checked: Aug 19 at 10:35AM
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 Keller Williams Clear Lake/ NASA
Investment Insights
Based on property information with market context.
This versatile 3,582-square-foot property is suitable for business or investment uses. It features ample on-site parking, providing convenient access. The interior space is highlighted by marble walls, adding a polished, upscale feel and enhancing the overall aesthetic and durability. The layout allows flexibility for customization.
Key Highlights
- Excellent visibility and accessibility for business/investment.
- Ample on‑site parking for customers/employees.
- Flexible layout customizable to specific needs.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,235
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$964,700
$964.7K
Cap Rate 7%
$689,071
$689.1K
Cap Rate 9%
$535,944
$535.9K
Market Conditions
NOI Build-Up for 3,582 SF
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.
Gross rent
$73.1K $20.40/SF
− Vacancy
−$4.2K −$1.16/SF
EGI
$68.9K $19.24/SF
− OpEx
−$20.7K −$5.77/SF
NOI
$48.2K $13.47/SF
Area
Galveston County, TX
Vacancy
5.70%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$964,700
Cap Rate 7%
$689,071
Cap Rate 9%
$535,944
Alternative Uses
Best Use
Retail
$689.1K
$602.9K – $803.9K
NOI $48,235 @ 7.0% cap · market cap 4.85%
Second Best
Office B
$655.1K
$573.2K – $764.3K
NOI $45,856 @ 7.0% cap · market cap 4.61%
Theoretical Best
Multifamily LT 5
$40.16M
$35.14M – $46.85M
NOI $2,811,166 @ 7.0% cap · market cap 282.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Explore this area
Business Placement
Demographics for 77539, TX
48,183
Population
18,725
Households
2.6
Avg Household Size
36
Median Age
26%
College-Educated
84%
High-School Grad
48.4 sq mi
ZIP Area
996
Density / Sq Mi
$85,263
Median Household Income
$49,580
Median Earnings
$1,370
Median Rent
$246,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Well-located property with strong visual appeal and functional parking.
Where is this mixed-use property located?
The property is located at 4211 Video St Dickinson, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Excellent visibility and accessibility for business/investment.; Ample on‑site parking for customers/employees.; Flexible layout customizable to specific needs.
