League City Flex Space
4807 FM 646, League City, TX 77573
For Sale
Contact for pricing
Office, warehouse, and showroom spaces for lease in League City.
Property Size17,000 SF
Days on Market252
Property Features for 4807 FM 646
General Information
Standard status
Size
Property subtype
Lease Term
Building Details
Building Size
Year Built
Properties For Sale
at 4807 FM 646
Sublease Suite A/B
Size
5,400 SF
Term
Negotiable
Listing Agency:
SVN | J. Beard Real Estate – Greater Houston
Listed By:
Jeff Beard CCIM · License TX #0400693
(281) 367-2220
Source:
Svn
Added: Mar 6
Changed: Aug 14
Last Checked: Aug 14 at 6:02AM
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 SVN | J. Beard Real Estate – Greater Houston
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property offers office, warehouse, and showroom spaces for lease at 4807 FM 646 in League City, TX. Spaces range from 1,850 SF to 5,400 SF. The location is near major roadways, including SH 146 and SH 96. It benefits from substantial residential growth nearby along South Shore Blvd and SH 96. Adjacent communities include League City, Texas City, Dickinson, Bacliff, and Bayview. The property features front roll-up doors and individual metering, along with convenient parking.
Key Highlights
- Office/Warehouse/Showroom space for lease.
- Located near major roadways (SH 146 and SH 96).
- Spaces from 1,850 SF to 5,400 SF.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,752
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,075,040
$1.1M
Cap Rate 7%
$767,886
$767.9K
Cap Rate 9%
$597,244
$597.2K
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$81.0K $15.00/SF
− Vacancy
−$4.2K −$0.78/SF
EGI
$76.8K $14.22/SF
− OpEx
−$23.0K −$4.27/SF
NOI
$53.8K $9.95/SF
Area
League City, TX
Vacancy
5.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,075,040
Cap Rate 7%
$767,886
Cap Rate 9%
$597,244
Alternative Uses
Best Use
Flex RnD
$791.9K
$692.9K – $923.8K
NOI $55,430 @ 7.0% cap
Second Best
Industrial
$767.9K
$671.9K – $895.9K
NOI $53,752 @ 7.0% cap
Theoretical Best
Office A
$1.64M
$1.44M – $1.92M
NOI $114,979 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
983
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Flex space in Galveston County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Spring Creek Barbeque — 2710 Gulf Fwy S, League City, TX 77573
Frequently Asked Questions
What type of property is this?
Flex space - Office, warehouse, and showroom spaces for lease in League City.
Where is this flex space located?
The property is located at 4807 FM 646 League City, TX.
What are key features of this property?
This property features: Office/Warehouse/Showroom space for lease.; Located near major roadways (SH 146 and SH 96).; Spaces from 1,850 SF to 5,400 SF.
