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Grocery Store with Development Potential
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1218 FM517, San Leon, TX 77539

Grocery store on 0.75 acres with development opportunities.

Property Size1,100 SF
Lot Size0.75 Acres
Price / SF$772.73
Days on Market1211

Property Features for 1218 FM517

General Information

Standard status Active
Size 1,100 SF
Class D
Lot size 0.75 Acres
Property subtype Business for Sale, Mobile Home Park, Retail
Occupancy 100%
Investment Type Owner/User

Building Details

Stories 1
Listing Agency: Realm Real Estate Professionals
Listed By: Nizar Noor · License #TX 0771112
Source: Crexi
Added: May 16, 2023 Changed: Sep 3 Last Checked: Sep 7 at 11:26AM

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 Realm Real Estate Professionals

Investment Insights

Based on property information with market context.

This property presents an investment opportunity, currently operating as a freestanding grocery store. The property includes 0.75 acres of land suitable for developing an RV park, laundromat, or shopping center. The location offers frontage on FM 517 and access from three sides. The grocery store offers a variety of products, including fresh produce, packaged foods, and household essentials. The store features a built-in kitchen available for rent. There is also space to construct a deck with a covered patio. The property size is 1100 square feet.

Key Highlights

  • Prime location with frontage on FM 517 and access from three sides.
  • 0.75 Acres of land suitable for building an RV park, Laundromat, or shopping center.
  • Asking price includes Business, Property, and Inventory.

Property Analytics

Current Use

La Mejor Grocery Grocery & Convenience Store

Suggested Use

Top Pick Dental Office Real Estate Agency Spa & Massage Center Law Firm Skin Care Clinic Hair Salon

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

Location Intelligence

Trade Area within ½ mile

470
Businesses Nearby
47k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 71% Dining 25% Electronics 4%
SONIC Drive In Dining
9,673 visits/mo 0.5 miles
Dollar General Shops & Services
8,993 visits/mo 0.0 miles
Family Dollar Shops & Services
7,553 visits/mo 0.5 miles
O'Reilly Auto Parts Shops & Services
3,507 visits/mo 0.4 miles
AutoZone Shops & Services
3,500 visits/mo 0.4 miles

Demographics for 77539, TX

48,183
Population
18,725
Households
2.6
Avg Household Size
36
Median Age
26%
College-Educated
84%
High-School Grad
48.4 sq mi
ZIP Area
996
Density / Sq Mi
$85,263
Median Household Income
$49,580
Median Earnings
$1,370
Median Rent
$246,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Bori-mex grocery 3720 State Hwy 3, Dickinson, TX 77539

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Grocery store on 0.75 acres with development opportunities.
Where is this grocery and convenience store located?
The property is located at 1218 FM517 San Leon, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Prime location with frontage on FM 517 and access from three sides.; 0.75 Acres of land suitable for building an RV park, Laundromat, or shopping center.; Asking price includes Business, Property, and Inventory.
(281) 394-9120 Call to check price and availability
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