Freestanding Office
903 N Logan St Texas City, TX 77590
For Sale
Contact for pricing
Freestanding office with large reception, multiple offices, conference space, kitchen, and 12 parking spaces on a corner lot.
Property Size3,040 SF
Lot Size0.30 Acres
Price / SF$148.03
Days on Market34
Property Features for 903 N Logan St
General Information
Standard status
Active
Size
3,040 SF
Lot size
0.30 Acres
Property subtype
OFFICE
Listing Agency:
Carlos Garcia Realty
(281) 235-9904
Listed By:
Bill Garcia · License #174458
Source:
Moodyscre
Added: Jun 26
Changed: Jul 28
Last Checked: Jul 28 at 4:51AM
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 Carlos Garcia Realty
Investment Insights
Based on property information with market context.
This attractive freestanding office building offers a large reception area, four large offices, two conference areas, a full kitchen, and three half baths. The property is situated on a corner lot and includes 12 parking spaces, supporting convenient daily access for staff and visitors.
Located just south of Palmer Highway (FM 1764) and west of Hwy 146, the building benefits from an established commercial setting with straightforward regional access.
The layout includes flexible space that could accommodate two tenants if divided, making it workable for a range of professional office uses.
Located just south of Palmer Highway (FM 1764) and west of Hwy 146, the building benefits from an established commercial setting with straightforward regional access.
The layout includes flexible space that could accommodate two tenants if divided, making it workable for a range of professional office uses.
Key Highlights
- 3,040 SF freestanding office building on a 13,200 SF corner lot at N. Logan St. & 9th Avenue North
- Includes a large reception area, four large offices, two conference areas, and a full kitchen
- 3 half baths plus space suitable for medical, law, or other professional offices
Financial Insights For Office B
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 | $70.4k | $23.16 |
| − Vacancy | −$18.5k | −$6.09 |
| EGI | $51.9k | $17.07 |
| − OpEx | −$13.0k | −$4.27 |
| NOI | $38.9k | $12.80 |
3,040 SF · lease $23.16/SF/yr · vacancy 26.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$556.0K
$486.5K – $648.6K
NOI $38,917 @ 7.0% cap · market cap 8.65%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$34.08M
$29.82M – $39.76M
NOI $2,385,803 @ 7.0% cap · market cap 530.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Freestanding office with large reception, multiple offices, conference space, kitchen, and 12 parking spaces on a corner lot.
Where is this office building located?
The property is located at 903 N Logan St Texas City, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,040 SF freestanding office building on a 13,200 SF corner lot at N. Logan St. & 9th Avenue North; Includes a large reception area, four large offices, two conference areas, and a full kitchen; 3 half baths plus space suitable for medical, law, or other professional offices
