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    903 Fm 518 Rd Kemah, TX 77565

    Sponsored
    For Sale
    Contact for pricing

    Prime Retail Space, 27,000 SF

    Property size:
    27,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 27,000-square-foot shopping center in Kemah, Texas, presents a compelling investment opportunity. Built in 2016, the property boasts a multi-tenant configuration with a currently available 7,175-square-foot end-cap space featuring HVAC, showroom capabilities, and an overhead door. The property sits on a 2.24-acre lot with ample parking located both in front and behind the building. A significant advantage is the availability of an additional 1.98 acres, ideal for future expansion of parking or development. Strategically located at the corner of FM 518 and Anders Lane, this property benefits from high visibility, experiencing approximately 11,176 vehicles per day on FM 518. Its proximity to Highway 146 further enhances its accessibility and market reach. The property is offered for sale and features a gross lease type. The address is 903 FM 518, Kemah, TX 77565, within Galveston County. This is a rare opportunity to acquire a well-situated retail property with significant growth potential in a thriving Texas market. The existing building offers immediate income potential, while the additional land provides long-term development possibilities.

    Property Features for 903 Fm 518 Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    27,000 SF
    Lot Size
    97,574 SF

    Building Details

    Year Built
    2016

    HighLights

    • Total building size: ±27,000 square feet
    • Suite A: ±7,175 square feet, end‑cap space with HVAC, showroom, and overhead door
    • Built in 2016
    • Land area: ±2.24 acres
    • Ample parking: Front and rear of building
    • Additional land: ±1.98 acres available for future expansion
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kemah
    County
    Galveston
    State
    Texas
    Longitude
    -95.0278767
    Latitude
    29.530688

    Nearby Comparable

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      27,000 SF

      Fully Leased Kemah Retail Center

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      Cleared Lot Ready For Construction

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      Kemah Commercial Land - 15 Acres

      Prime Kemah development land, ideal for multi-family, retail, or office.
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      Kemah Land Tract For Sale

      15.589 acre tract suitable for multi-family, retail, office.
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      0.95 Acres

      Kemah Commercial Land for Sale

      ±1.98 Acres, Divisible, Hwy 146 Access
      0 Fm 518 Rd, Kemah, TX 77565
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      Prime Land Near Kemah Boardwalk

      1.98 AC land with easy access to major highways.
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      1 SF

      Kemah Land Available For Sale

      Approximately 1.98 acres available in Kemah, Texas.
      Fm 518 Rd, Kemah, TX 77565
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      Fully Leased Kemah Retail Center

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Space, 27,000 SF
    Where is this lifestyle center located?
    The property is located at 903 Fm 518 Rd Kemah, TX.
    What are key features of this property?
    This property features: Total building size: ±27,000 square feet; Suite A: ±7,175 square feet, end-cap space with HVAC, showroom, and overhead door; Built in 2016
    Request Owner's contact information
    903 Fm 518 Rd Kemah, TX 77565
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    Kemah, TX 77565
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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
    903 Fm 518 Rd Kemah, TX 77565
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