Prime Stafford Real Estate
507 Dulles Avenue Stafford, TX 77477
507 Dulles Avenue, Stafford, TX, 77477
$2,200,000
For Sale
$2,200,000
2.88 acres in the heart of Stafford with existing building.
Property Size8,050 SF
Lot Size2.88 Acres
Price / SF$273.29
Days on Market214
Property Features for 507 Dulles Avenue
General Information
- Standard status
- Active
- Size
- 8,050 SF
- Lot size
- 2.88 Acres
- Property subtype
- Land or Vacant Lot
Listing Agency
TRUST REAL ESTATE
(832) 563-0116
Listed by
BRIAN CARTER
Source
Corcoran
Added: Dec 19, 2025 Updated: Jul 6 at 10:15 am Checked: Jul 20 at 5:59 am
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 TRUST REAL ESTATE
Investment Insights
Based on property information with market context.
This is a rare opportunity to acquire 2.88 acres of prime real estate in the heart of Stafford. Zoned for residential, commercial, or technology purposes, the property offers a wide variety of development opportunities. New construction homes are being built just two lots over and are selling at premium prices. One potential use for the land is to construct 23 or more luxury single-family homes. Alternatively, the existing 8,050-square-foot Maaco building could be retained to collect rent, while developing another profitable asset on the vacant land. The purchase includes the entire 2.88 acres of land, the 8,050 square foot Maaco building, all the equipment inside Maaco to run a fully profitable paint and body shop, and a cash-flowing lease. The property is surrounded by established neighborhoods, schools, and thriving local businesses. It offers quick access to Highway 90, Beltway 8, and US-59. This location provides strong demographics and excellent visibility.
Key Highlights
- 2.88 acres of prime real estate in the heart of Stafford with excellent visibility
- Zoned for residential, commercial, or technology use, offering diverse development opportunities
- Includes an 8050 sq. ft. Maaco building with a cash flowing lease and all equipment
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $165.2k | $20.52 |
| − Vacancy | −$9.4k | −$1.17 |
| EGI | $155.8k | $19.35 |
| − OpEx | −$46.7k | −$5.81 |
| NOI | $109.0k | $13.55 |
8,050 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.56M
$1.36M – $1.82M
NOI $109,039 @ 7.0% cap · market cap 4.96%
Second Best
Industrial
$585.3K
$512.2K – $682.9K
NOI $40,973 @ 7.0% cap · market cap 1.86%
Theoretical Best
Multifamily LT 5
$100.28M
$87.75M – $117.00M
NOI $7,019,833 @ 7.0% cap · market cap 319.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Good 1 Automotive
Auto Repair Shop
Maaco Auto Body ...
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - 2.88 acres in the heart of Stafford with existing building.
Where is this commercial land located?
The property is located at 507 Dulles Avenue Stafford, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 2.88 acres of prime real estate in the heart of Stafford with excellent visibility; Zoned for residential, commercial, or technology use, offering diverse development opportunities; Includes an 8050 sq. ft. Maaco building with a cash flowing lease and all equipment
