Mixed-Use Property with
5831 Fm 2218 Road, Pleak, TX 77469
For Sale
$550,000
The site combines a residence and outbuilding with separate commercial and residential zoning areas.
Property Size2,100 SF
Lot Size1.27 Acres
Days on Market101
Property Features for 5831 Fm 2218 Road
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Road Frontage
Road Access
Additional Details
Land Use
Taxes and HOA fees
Annual Taxes
Amenities
outbuilding/shop
Building Details
Building Size
Year Built
Listing Agency:
Texas Ally Real Estate Group, LLC
Listed By:
Jill Chastain
(832) 623-4700
Source:
Livingvoguerealestate
Added: Aug 1
Changed: Nov 9
Last Checked: Nov 8 at 2:26PM
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 Texas Ally Real Estate Group, LLC
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 mixed-use property includes a 2,100-square-foot residence with three bedrooms and two bathrooms, along with an aluminum shop measuring 30 feet by 30 feet. The house was built in 1955. The property totals approximately 1.27 acres, with about 631 feet of depth and frontage on FM 2218 in the Village of Pleak.
Zoning is divided between C-2 Commercial on the front portion and R-2 Residential on the rear portion, according to the Village of Pleak. Richmond and Rosenberg are nearby.
Zoning is divided between C-2 Commercial on the front portion and R-2 Residential on the rear portion, according to the Village of Pleak. Richmond and Rosenberg are nearby.
Key Highlights
- Approximately 1.27 acres with +-93 feet of FM 2218 frontage
- Front portion zoned C‑2 Commercial; rear portion zoned R‑2 Residential
- 2,100 SF residence with 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,606
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$952,120
$952.1K
Cap Rate 7%
$680,086
$680.1K
Cap Rate 9%
$528,956
$529.0K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$85.7K $40.80/SF
− Vacancy
−$9.5K −$4.53/SF
EGI
$76.2K $36.27/SF
− OpEx
−$28.6K −$13.60/SF
NOI
$47.6K $22.67/SF
Area
Fort Bend County, TX
Vacancy
11.10%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$952,120
Cap Rate 7%
$680,086
Cap Rate 9%
$528,956
Alternative Uses
Best Use
Mixed Use
$680.1K
$595.1K – $793.4K
NOI $47,606 @ 7.0% cap · market cap 8.66%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 77469, TX
57,925
Population
22,854
Households
2.5
Avg Household Size
36
Median Age
40%
College-Educated
91%
High-School Grad
106.8 sq mi
ZIP Area
542
Density / Sq Mi
$101,546
Median Household Income
$49,299
Median Earnings
$1,675
Median Rent
$315,000
Median Home Value
Frequently Asked Questions
What type of property is this?
Mixed-use property - The site combines a residence and outbuilding with separate commercial and residential zoning areas.
Where is this mixed-use property located?
The property is located at 5831 Fm 2218 Road Pleak, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approximately 1.27 acres with +-93 feet of FM 2218 frontage; Front portion zoned C‑2 Commercial; rear portion zoned R‑2 Residential; 2,100 SF residence with 3 bedrooms and 2 bathrooms
