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    2521 7Th St Bay City, TX 77414

    For Sale
    $875,000

    Fully occupied, high-visibility retail center.

    Property size:
    9,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This 9,000 square foot, fully occupied shopping center in Bay City, Texas, presents a compelling investment opportunity. Located at 2521 7th St, this Class B property boasts four tenants: TruMed Pharmacy, True Goddess Spa, Insurance Aseguranza, and Metro PCS. The center enjoys 100% occupancy as of August 24, 2023, with a gross lease structure and franchisee tenants. Built in 1985 on a 14,000 square foot lot, the single-story building benefits from a prime location across the street from HEB and Lil Caesars, ensuring high traffic and visibility. The asking price is $875,000, translating to $97.22 per square foot. The property features a permitted zoning of 3 and offers potential for rent increases. Financial information is available upon request. This is a 100% ownership opportunity with no ground lease. The property's APN is 46901. This is a multi-tenant retail investment property in Matagorda County, Texas, with excellent potential for future growth.

    Property Features for 2521 7Th St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    9,000 SF
    Class
    B

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    1
    Units
    4

    HighLights

    • Income‑producing commercial strip center.
    • Fully occupied with stable tenants.
    • High visibility from major highway.
    • Excellent location across from HEB and Lil Caesar's.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    TruMed Pharmacy Pharmacy

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Matagorda
    State
    Texas
    Longitude
    -95.959544601759
    Latitude
    28.983218651014

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    FAQs

    What type of property is this?
    Lifestyle center - Fully occupied, high-visibility retail center.
    Where is this lifestyle center located?
    The property is located at 2521 7Th St Bay City, TX.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: Income-producing commercial strip center.; Fully occupied with stable tenants.; High visibility from major highway.
    Request Owner's contact information
    2521 7Th St Bay City, TX 77414
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    Bay City, TX 77414
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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
    2521 7Th St Bay City, TX 77414
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