Warehouse with Fenced
For Sale
Contact for pricing
530 E 2nd St, Freeport, TX
Office space, three overhead doors and a corner parcel support a range of warehouse operations.
Property Size3,104 SF
Lot Size0.25 Acres
Price / SF$0.81
Days on Market12
Property Features for 530 E 2nd St
General Information
Standard status
Active
Size
3,104 SF
Lot size
0.25 Acres
Additional Details
Fenced Yard
Yes
Property Use
Warehouse and Office
Taxes and HOA fees
Annual Taxes
$8,865
Building Details
Building Size
3,104 SF
Listing Agency:
Greg Flaniken & Assoc.
(979) 233-7828
Listed By:
Greg Flaniken · License #0206691
(979) 299-5019
Source:
Exprealty
Added: Oct 22
Changed: Nov 1
Last Checked: Nov 1 at 4:08PM
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 Greg Flaniken & Assoc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This warehouse property includes 3,104 square feet of building area with office space, three high overhead doors and a fully enclosed yard. The 10,729-square-foot parcel occupies a corner lot, providing both indoor work area and fenced outdoor space.
The property is near Downtown Freeport, Port Freeport, Dow Chemical Co. and the Old Brazos River.
The property is near Downtown Freeport, Port Freeport, Dow Chemical Co. and the Old Brazos River.
Key Highlights
- 3,104‑square‑foot warehouse and office building
- Three high overhead doors
- Fully fenced yard on a 10,729‑square‑foot parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,410
Suggested Prices Based on Cap Rates
Cap Rate 5%
$388,200
$388.2K
Cap Rate 7%
$277,286
$277.3K
Cap Rate 9%
$215,667
$215.7K
Market Conditions
NOI Build-Up for 3,104 SF
Gross rent
$25.0K $8.04/SF
− Vacancy
−$2.1K −$0.68/SF
EGI
$22.8K $7.36/SF
− OpEx
−$3.4K −$1.10/SF
NOI
$19.4K $6.25/SF
Area
Brazoria County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$388,200
Cap Rate 7%
$277,286
Cap Rate 9%
$215,667
Alternative Uses
Best Use
Warehouse
$277.3K
$242.6K – $323.5K
NOI $19,410 @ 7.0% cap · market cap 776.40%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$38.67M
$33.83M – $45.11M
NOI $2,706,778 @ 7.0% cap · market cap 108,271.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - Office space, three overhead doors and a corner parcel support a range of warehouse operations.
Where is this warehouse located?
The property is located at 530 E 2nd St Freeport, TX.
What are key features of this property?
This property features: 3,104‑square‑foot warehouse and office building; Three high overhead doors; Fully fenced yard on a 10,729‑square‑foot parcel
