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    401 Washington Ave Navasota, TX 77868

    For Sale
    Contact for pricing

    Prime Navasota Office, 21,502 SF

    Property size:
    21,502 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional three-story executive office building, totaling 21,502 square feet, presents a unique investment opportunity in the heart of Navasota, Texas. Constructed in 1983, the property is situated on a 1.95-acre lot and boasts a highly visible location at 401 E Washington Ave, just three blocks from downtown Navasota and City Hall. The building is zoned B-1: General Business, offering flexibility for a variety of uses. Originally built as a bank, the property features seven existing drive-thru teller lanes, which could be repurposed or adapted to suit a new owner's needs. Ample parking is currently available, with potential for expansion. All utilities and sewer services are conveniently located on East Washington Avenue, ensuring seamless operation. The building enjoys prime visibility and accessibility from both East Washington Avenue and Old Millican Road, providing excellent exposure to potential clients and customers. This property offers immediate occupancy and is ready for its next chapter. Its central location and versatile zoning make it an ideal choice for businesses seeking a prominent presence in the thriving Navasota community.

    Property Features for 401 Washington Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    21,502 SF
    Lot Size
    84,942 SF

    Building Details

    Year Built
    1983
    Stories
    3

    HighLights

    • Three‑story, 21,502 SF office building in Navasota, TX.
    • Immediately available for occupancy.
    • B‑1 General Business zoning.
    • Ample parking with expansion potential.
    • Utilities and sewer on E Washington Ave.
    • High visibility on E Washington Ave and Old Millican Rd.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Navasota
    County
    Grimes
    State
    Texas
    Longitude
    -96.0870755
    Latitude
    30.3896335

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Navasota Office, 21,502 SF
    Where is this office property / space located?
    The property is located at 401 Washington Ave Navasota, TX.
    What are key features of this property?
    This property features: Three-story, 21,502 SF office building in Navasota, TX.; Immediately available for occupancy.; B-1 General Business zoning.
    Request Owner's contact information
    401 Washington Ave Navasota, TX 77868
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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
    401 Washington Ave Navasota, TX 77868
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