Gas Station with Car
For Sale
$500,000
637 W Mulberry St, Angleton, TX 77515
Operating fuel and convenience property with on-site detailing and food truck income sources.
Property Size3,960 SF
Days on Market54
Property Features for 637 W Mulberry St
General Information
Standard status
Active
Size
3,960 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Traffic Count
15,000 vehicles/day
Amenities
car detailing
food truck
Building Details
Building Size
3,960 SF
Year Built
1990
Listing Agency:
Matthews Real Estate Investment Services | Austin
Listed By:
Andrew Ivankovich · License #678815 (TX)
(214) 692-2037
Source:
Matthews
Added: Aug 21
Changed: Oct 8
Last Checked: Oct 12 at 4:40PM
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 Matthews Real Estate Investment Services | Austin
Investment Insights
Based on property information with market context.
This gas station and convenience retail property was built in 1990 and has established operations in place. The site includes on-site car detailing and a food truck, adding business activity beyond fuel and store sales. No fuel supply contract is currently in place, giving a new owner flexibility to negotiate supply terms or select a different fuel provider.
The property is located at 637 W Mulberry St in Angleton, Texas, approximately 45 miles south of Houston. The corridor carries approximately 15,000+ vehicles per day, supporting exposure for fuel and convenience retail operations. The offering is suited to an owner-user seeking an operating station with multiple on-site components.
The property is located at 637 W Mulberry St in Angleton, Texas, approximately 45 miles south of Houston. The corridor carries approximately 15,000+ vehicles per day, supporting exposure for fuel and convenience retail operations. The offering is suited to an owner-user seeking an operating station with multiple on-site components.
Key Highlights
- Operating gas station and convenience retail property built in 1990
- Approximately 15,000+ vehicles per day along the surrounding corridor
- On‑site car detailing operation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,392
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,840
$407.8K
Cap Rate 7%
$291,314
$291.3K
Cap Rate 9%
$226,578
$226.6K
Market Conditions
NOI Build-Up for 3,960 SF
Gross rent
$31.8K $8.04/SF
− Vacancy
−$2.7K −$0.68/SF
EGI
$29.1K $7.36/SF
− OpEx
−$8.7K −$2.21/SF
NOI
$20.4K $5.15/SF
Area
Brazoria County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,840
Cap Rate 7%
$291,314
Cap Rate 9%
$226,578
Alternative Uses
Best Use
Specialty Retail
$821.9K
$719.2K – $958.9K
NOI $57,532 @ 7.0% cap · market cap 11.51%
Second Best
Retail
$766.3K
$670.5K – $894.0K
NOI $53,639 @ 7.0% cap · market cap 10.73%
Theoretical Best
Multifamily LT 5
$49.33M
$43.17M – $57.55M
NOI $3,453,235 @ 7.0% cap · market cap 690.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
15,000 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
542
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
542 visits/mo
0.3 miles
Demographics for 77515, TX
32,710
Population
13,127
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
204.5 sq mi
ZIP Area
160
Density / Sq Mi
$89,029
Median Household Income
$48,097
Median Earnings
$1,024
Median Rent
$210,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Gas station - Operating fuel and convenience property with on-site detailing and food truck income sources.
Where is this gas station located?
The property is located at 637 W Mulberry St Angleton, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Operating gas station and convenience retail property built in 1990; Approximately 15,000+ vehicles per day along the surrounding corridor; On‑site car detailing operation
