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    8550 Emmett F Lowry Expy Texas City, TX 77591

    Sponsored
    For Sale
    $3,400,000

    High-traffic retail space, vacant, 23,000 sq ft.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 23,000-square-foot storefront property, located at 8550 Emmett F Lowry Expy in Texas City, TX 77591, presents a unique investment opportunity. Currently vacant, this single-story building boasts two loading docks, making it ideal for a variety of retail or mixed-use purposes. Its prime location along Emmett F Lowry Expy, between Houston and Galveston, ensures high visibility and accessibility. The property benefits from exceptional daily traffic counts exceeding 69,150 vehicles on Interstate 45 and 43,870 vehicles on Emmett Lowry Expy. This high-growth area is home to over 65,920 residents within a 5-mile radius, reflecting a 20% increase in recent years and projected 11% growth over the next five years. The strategic location across from College of Mainland (with 5,000 students) and several area schools (Simms Elementary, La Marque Elementary, La Marque Middle School, and La Marque High School) provides a substantial and diverse customer base. Nearby national retailers include Walmart Supercenter, Sam's Club, Tanger Outlets, Olive Garden, Discount Tire, Jack in the Box, Sears, and Cinemark, further enhancing the property's desirability and potential. The asking price for this remarkable property is $3,400,000.

    Property Features for 8550 Emmett F Lowry Expy

    General Information

    Property type
    Individual retail properties

    Building Details

    Stories
    1

    HighLights

    • $3,400,000 asking price for a 23,000 SF vacant storefront.
    • Located in Texas City, TX at 8550 Emmett F Lowry Expy, a high‑traffic area with excellent visibility.
    • Features two loading docks.
    • High‑growth area with strong demographics; over 65,920 residents within a 5‑mile radius and proximity to major retailers including Walmart, Sam's Club, and Tanger Outlets.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Texas City
    County
    Galveston
    State
    Texas
    Longitude
    -95.0071005
    Latitude
    29.3977412

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space, vacant, 23,000 sq ft.
    Where is this individual retail property located?
    The property is located at 8550 Emmett F Lowry Expy Texas City, TX.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: $3,400,000 asking price for a 23,000 SF vacant storefront.; Located in Texas City, TX at 8550 Emmett F Lowry Expy, a high-traffic area with excellent visibility.; Features two loading docks.
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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
    8550 Emmett F Lowry Expy Texas City, TX 77591
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