Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3100 NASA Road 1 Seabrook, TX 77586

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Excellent commercial potential with superior access and high visibility.

    Type:Retail
    Added:
    Jul 16, 2024
    Days on Market:
    648
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 3100 NASA Road 1

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 3100 NASA Road 1 Contact us

    We can help!

    Listing Contact
    Cole Rainer

    Listing agent Cole Rainer License #804094

    Listing date Jul 16, 2024

    Source Crexi

    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 Cole Rainer

    Overview

    Prime Retail Space Available

    Pelican Plaza offers significant commercial potential due to its superior access, substantial road frontage, and high visibility from a major thoroughfare. The property's strategic location along Nasa Road One ensures consistent traffic exposure. This makes it an appealing location for businesses aiming to reach local professionals, NASA employees, and the surrounding community.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Seabrook
    County
    Harris
    State
    Texas
    Longitude
    -95.0274
    Latitude
    29.5802

    Nearby Similar for Lease

    • Contact for pricing

      Distribution Building with Cross-Dock

      454,600 SF distribution building featuring 36' clear height.
      5803 Old Highway 146, Seabrook, TX 77586
      View Details
    • $24 SF/Yr

      Retail/Office Space in Old Seabrook

      Adaptable retail or office spaces in a historic location.
      1105 Moskowitz Ave, Seabrook, TX
      View Details
    • $1.25 SF/Yr

      Retail Space in Seabrook, TX

      Retail space available for lease in Seabrook, Texas.
      2622 NASA Road 1, Seabrook, TX
      View Details
    • Contact for pricing

      Retail Space Available in Seabrook

      8,521 SF retail space for lease in Seabrook, TX.
      5735 Bayport Blvd, Seabrook, TX 77586
      View Details
    • $18 SF/Yr

      Retail Space in Seabrook, TX

      Open concept retail space near major developments in Seabrook, TX.
      3101 NASA Road 1, Seabrook, TX
      View Details
    • $18 SF/Yr

      Spacious Open Concept Retail Space

      Large open concept retail/office space available for lease.
      3101 NASA Road 1, Seabrook, TX 77586
      View Details
    • $5,500/Mo

      Seabrook Yard for Lease

      5-acre fenced, stabilized, and lighted yard near Bayport Terminal.
      Highway 146, Seabrook, TX
      View Details
    • Contact for pricing

      Seabrook Flex Space Opportunity

      Versatile flex space with negotiable yard in prime location.
      1904 Hialeah Dr, Seabrook, TX 77586
      View Details

    FAQs

    What type of property is this?
    Retail space - Excellent commercial potential with superior access and high visibility.
    Where is this retail space located?
    The property is located at 3100 NASA Road 1 Seabrook, TX.
    What are key features of this property?
    This property features: Superior access to major thoroughfare; High visibility; Significant road frontage
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Cole Rainer
    Real Estate License ID: 804094
    Learn More
    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.
    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.
    Sign Up Successful!
    You now have access to more from Realmo!