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    2600 Gulf Fwy La Marque, TX 77568

    For Sale
    $1,200,000

    High-yield, fully leased office building

    Property size:
    6,630 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional investment opportunity presents a 6,630 sq ft, fully leased, single-story office building in La Marque, TX. Located on the northbound side of I-45 with dual access points from the frontage road and Burnett Street, this Class C property boasts 100% occupancy across four units, all under modified gross leases. Tenants, many on their second multi-year contracts, provide a stable income stream with a 5.00% cap rate and $181/sq ft price. Built in 1980, the 22,895 sq ft lot features adaptable office and mixed-use spaces, ideal for a variety of professional services. The absence of bay doors further emphasizes its suitability for office use. Situated in a growing area of La Marque, this property offers excellent visibility and accessibility, making it a compelling investment with significant potential for long-term appreciation and strong cash flow. The current owner manages the property, but the buyer is free to choose their own management company. The asking price is $1,200,000.

    Property Features for 2600 Gulf Fwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,630 SF
    Class
    C

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    1
    Units
    4

    HighLights

    • Modified gross leases offer efficient operating cost sharing.
    • Owner‑managed, offering flexibility to self‑manage or choose your own management company.
    • Strong potential for long‑term value appreciation in a growth area.
    • Stable lease structure and tenant base minimize investment risk.
    • High tenant retention demonstrates strong property satisfaction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    A Leading Insurance Agency Home Insurance Agency Dr. Ramdas N. ... Internist Dr. Tejinder S. ... Doctor Kingdom Kare Childcare ... Day Care Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Marque
    County
    Galveston
    State
    Texas
    Longitude
    -94.984054171578
    Latitude
    29.360038546448

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    FAQs

    What type of property is this?
    Office Property Space - High-yield, fully leased office building
    Where is this office property space located?
    The property is located at 2600 Gulf Fwy La Marque, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Modified gross leases offer efficient operating cost sharing.; Owner-managed, offering flexibility to self-manage or choose your own management company.; Strong potential for long-term value appreciation in a growth area.
    (713) 423-5898
    Request Owner's contact information
    2600 Gulf Fwy La Marque, TX 77568
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2600 Gulf Fwy La Marque, TX 77568
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