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

    7419 FM1942 Baytown, TX 77521

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

    10.33 acres of land with shop and office space.

    Type:Land
    Property size:
    1,800 SF
    Lot size:
    10.33 Acres
    Added:
    Jan 31, 2024
    Days on Market:
    815
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 7419 FM1942

    General Information

    Standard status
    Active
    Size
    1,800 SF
    Lot size
    10.33 Acres
    Property subtype
    Land

    Spaces For Lease

    at 7419 FM1942 Contact us

    $1,016 /Mo

    Size
    449,975 SF
    Type
    Land
    Contact us

    We can help!

    Listing Contact
    Jon Lindenberger

    Listing agent Jon Lindenberger License #TX 588513

    Listing office Colliers - Houston, Texas

    Listing date Jan 31, 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 Colliers - Houston, Texas

    Overview

    Baytown Land with Shop

    This commercial real estate property features 10.33 acres of land, including 2 acres of stabilization. The site includes a 40'x60' shop and 1,800 square feet of office space. The property is located in Baytown, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cowboys'tuff General Contractor

    Suggested Use

    Building Supply Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Baytown
    County
    Chambers
    State
    Texas
    Longitude
    -94.951
    Latitude
    29.850853

    Nearby Similar for Lease

    • $10 SF/Yr

      Baytown Office Building For Lease

      Six-story office building with ample parking and security features.
      1300 Rollingbrook Dr, Baytown, Texas 77521
      View Details
    • Contact for pricing

      TX, Baytown - Rollingbrook Drive

      606 Rollingbrook Dr, Baytown, TX 77521
      View Details
    • $21 SF/Yr

      Medical/Office Space Available for Lease

      Medical/office spaces available for lease, easily divisible.
      1600-1610 James Bowie Drive, Baytown, TX
      View Details
    • Contact for pricing

      Renovated Retail/Office Space in Baytown

      Versatile, newly renovated space in Baytown's Downtown Art District.
      501 West Texas Avenue, Baytown, TX 77520
      View Details
    • Contact for pricing

      Medical Office Space Near Hospital

      Outpatient clinical space near Houston Methodist Baytown Hospital.
      2307 W Baker Road, Baytown, TX 77521
      View Details
    • $7,500/Mo

      Updated Flex Space Near Highway

      Flex space with offices, restrooms, and conference room near Highway.
      2017 LEE DR, Baytown, TX
      View Details
    • Contact for pricing

      Retail Space in Baytown Center

      Retail space available in a busy, anchored shopping center.
      4553 Garth Road, Baytown, TX 77521
      View Details
    • $2,000/Mo

      Baytown Office Space For Rent

      Office space near San Jacinto Methodist Hospital available for rent.
      1001 W Baker Road, Baytown, TX
      View Details
    • $0.80 SF/Yr

      Retail Space in Baytown, TX

      Retail space available for lease in Baytown, Texas.
      4112 Decker Drive, Baytown, TX
      View Details
    • Contact for pricing

      Baytown Office/Industrial Building For Sale

      7,180 SF building on 0.6621 acre in Baytown, TX.
      313 South Hwy 146, Baytown, TX
      View Details
    • $7 SF/Yr

      Baytown Retail Space Available

      83,000 sqft retail property in Baytown, Texas.
      1700 Decker Drive, Baytown, TX, 77520
      View Details
    • Contact for pricing

      Baytown Warehouse Space Available

      Warehouse space available for lease in Baytown, Texas.
      3300 Kilgore Parkway, Baytown, TX 77520
      View Details

    FAQs

    What type of property is this?
    Land - 10.33 acres of land with shop and office space.
    Where is this land located?
    The property is located at 7419 FM1942 Baytown, TX.
    What is the lease rate?
    The lease rate is $12,197 /Mo.
    What are key features of this property?
    This property features: 10.33 acre site; 40’x60’ shop; Benefit from 1,800 SF of office space
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jon Lindenberger
    Real Estate License ID: TX 588513
    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!