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Flex Space with Workshop
New
For Sale
$209,000
Pending

824 Boston Ave, Nederland, TX 77627

Nederland, TX

Property Size3,200 SF
Lot Size0.16 Acres
Days on Market6

Property Features for 824 Boston Ave

General Information

Property type Commercial Sale
Property subtype Other
Lot features Freestanding
Elementary school district Nederland
Middle school district Nederland
High school district Nederland
Subdivision Nederland 6
Standard status Pending
Size 3,200 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description HAIZLIP LTS 22 23 BLK 3
Legal Description HAIZLIP LTS 22 23 BLK 3

Amenities

bathroom with stand up shower
washer/dryer hookups
kitchenette

Building Details

Floors in Building 1
Flooring type Concrete
Building materials Alum./Steel Siding
Roof type Metal
Listing Agency: REGENCY Real Estate Pros.
Listed By: Caleb Mitchell
Added: Oct 9 Changed: Oct 12 Last Checked: Oct 14 at 8:06AM
MLS# 271588

Copyright © 2026 Beaumont Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

At 824 Boston Ave. in Nederland, this 3,200-square-foot metal building occupies a 50 x 140-foot lot. The 40 x 80-foot structure has concrete flooring, a kitchenette, and a bathroom with a stand-up shower and washer/dryer hookups. Stated use options include a workshop, business office, single residence, or duplex.

Automatic 12 x 12-foot overhead doors are positioned at the front and rear, with walk-in doors at the front and side. A 10,000-pound lift and air compressor are included. The building has aluminum/steel siding and a metal roof.

Key Highlights

  • 3,200‑square‑foot building on a 50 x 140‑foot lot
  • 40 x 80‑foot metal structure with concrete flooring
  • Automatic 12 x 12‑foot overhead doors at front and rear

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,287
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,740 $325.7K
Cap Rate 7%
$232,671 $232.7K
Cap Rate 9%
$180,967 $181.0K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$24.8K $7.76/SF
− Vacancy
−$1.6K −$0.49/SF
EGI
$23.3K $7.27/SF
− OpEx
−$7.0K −$2.18/SF
NOI
$16.3K $5.09/SF
Area
Jefferson County, TX
Vacancy
6.30%
Lease Rate
$7.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,740
Cap Rate 7%
$232,671
Cap Rate 9%
$180,967

Alternative Uses

Best Use
Flex RnD
$383.8K
$335.8K – $447.8K (±1% cap)
NOI $26,867 @ 7.0% cap · market cap 12.86%
Second Best
Warehouse
$282.5K
$247.2K – $329.6K (±1% cap)
NOI $19,777 @ 7.0% cap · market cap 9.46%
Theoretical Best
Multifamily LT 5
$35.95M
$31.46M – $41.95M (±1% cap)
NOI $2,516,734 @ 7.0% cap · market cap 1,204.18%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Dental Office Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) Store Food Market Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby
Under-served
Demand for This Use

Demographics for 77627, TX

23,296
Population
9,970
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
93%
High-School Grad
13.2 sq mi
ZIP Area
1,765
Density / Sq Mi
$75,778
Median Household Income
$51,556
Median Earnings
$1,364
Median Rent
$201,200
Median Home Value
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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Chic Chef Catering — 125 N 12th St, Nederland, TX 77627

Frequently Asked Questions

What type of property is this?
Flex space - A kitchenette, bathroom with shower, and laundry hookups complement the property's stated work and residential use options.
Where is this flex space located?
The property is located at 824 Boston Ave Nederland, TX.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: 3,200‑square‑foot building on a 50 x 140‑foot lot; 40 x 80‑foot metal structure with concrete flooring; Automatic 12 x 12‑foot overhead doors at front and rear
More about this property
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