Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2731 Lawrence Rd Kemah, TX 77565

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4331551
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2731 Lawrence Rd

    Property type
    Commercial real estate

    Description

    This exceptional 2.23-acre tract of undeveloped commercial land presents a unique investment opportunity in the thriving Kemah, Texas market. Located at 2731 Lawrence Rd, Kemah, TX 77565, this property boasts a strategic location, offering convenient access to Highway 146 and proximity to the coastal region. The land measures approximately 445 feet by 219 feet and comprises two contiguous parcels, providing flexibility for development. Situated adjacent to the expanding League City area, this site benefits from its position north of the Mar Bella Master Planned Community. Access is provided via Lawrence Road, utilizing a shared private road known as Lawrence Lane. Importantly, there are no zoning restrictions, allowing for versatile development options encompassing residential, commercial, or a mixed-use approach. Currently, the property relies on a well and septic system for utilities. However, future utility access will be facilitated by WCID12 upon completion of their planned infrastructure improvements. This presents a rare chance to acquire a sizable parcel in a high-growth area with significant potential for various development projects. The asking price is $825,680.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kemah
    County
    Galveston
    State
    Texas
    Longitude
    -95.027897
    Latitude
    29.5175586

    Comparable in this City

    • Contact for pricing
      1.00 Acre

      Kemah Industrial Land - 15.5 Acres

      Prime Kemah infill land, versatile development potential.
      1118 Fm Rd 518, Kemah, TX 77565
      View Details
    • $399,900

      Luxury Waterfront Condo with Marina Views

      Rare 3-bedroom condo with panoramic waterfront and marina views.
      1302 Marina Bay Dr, Kemah, TX 77565
      View Details
    • $1,500,000
      6,000 SF

      Lawrence Road Warehouse For Sale

      6,000 SF warehouse with semi-truck access in Kemah.
      850 Lawrence Rd, Kemah, TX 77565
      View Details
    • $1,500,000
      6,000 SF

      Kemah Warehouse with Truck Access

      6,000 SF warehouse featuring truck access and 3-phase power.
      840 Lawrence Rd, Kemah, TX 77565
      View Details
    • $3,988,354
      7.63 Acres

      Hwy 96 Commercial Land, League City

      7.63 Acres, High-Traffic Location, Texas
      0 Tx-96, League City, TX 77565
      View Details
    • $4,525,000
      11.96 Acres

      Prime Kemah Commercial Land

      11.959 Acres, Light Commercial Zoning
      1425 Marina Bay Dr, Kemah, TX 77565
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.00 Acre

      Kemah Industrial Land - 15.5 Acres

      Prime Kemah infill land, versatile development potential.
      1118 Fm Rd 518, Kemah, TX 77565
      View Details
    • $399,900

      Luxury Waterfront Condo with Marina Views

      Rare 3-bedroom condo with panoramic waterfront and marina views.
      1302 Marina Bay Dr, Kemah, TX 77565
      View Details
    • $1,500,000
      6,000 SF

      Lawrence Road Warehouse For Sale

      6,000 SF warehouse with semi-truck access in Kemah.
      850 Lawrence Rd, Kemah, TX 77565
      View Details
    • $1,500,000
      6,000 SF

      Kemah Warehouse with Truck Access

      6,000 SF warehouse featuring truck access and 3-phase power.
      840 Lawrence Rd, Kemah, TX 77565
      View Details
    • $3,988,354
      7.63 Acres

      Hwy 96 Commercial Land, League City

      7.63 Acres, High-Traffic Location, Texas
      0 Tx-96, League City, TX 77565
      View Details
    • $4,525,000
      11.96 Acres

      Prime Kemah Commercial Land

      11.959 Acres, Light Commercial Zoning
      1425 Marina Bay Dr, Kemah, TX 77565
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      7,200 SF

      Kemah Retail Space for Lease

      Prime Kemah location, multiple suites available.
      391 Columbia Memorial Pkwy, Kemah, TX 77565
      View Details
    • $800 /Mo
      150 SF

      Waterfront Office Space For Rent

      Unique office suites with waterfront views and floating dock.
      1500 Marina Bay Dr, Clear Lake Shores, TX 77565
      View Details
    • $16 SF/Yr
      5,500 SF

      Furnished Restaurant, Bar, and Retail

      Fully furnished restaurant and bar space available for rent.
      605 Bradford Ave, Kemah, TX 77565
      View Details
    • $17 SF/Yr
      1,500 SF

      Marina Bay Business Center Office

      Two-story office building in South Shore Harbour area.
      104 Twin Oaks Blvd, Kemah, TX 77565
      View Details
    • $1.25 SF/Yr
      1,380 SF

      Retail Space in League City

      Centrally located retail space with pylon signage and parking.
      395 Columbia Memorial Pkwy, Kemah, TX 77565
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2731 Lawrence Rd
    Kemah, TX 77565
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.