5302 Avenue I Galveston, TX 77551
This exceptional 13,000-square-foot property in Galveston, Texas, presents a unique investment opportunity. Situated at 5302 Avenue I, 77551, this Class A building boasts a versatile design, ideal for a variety of commercial uses. The property encompasses both office and industrial space, offering a single-tenant occupancy layout. The office area is climate-controlled and features approximately 8,000 square feet, including 5-6 individual offices and a large open workspace. The substantial industrial component includes a spacious warehouse with impressive 15-foot ceilings, providing ample room for storage or manufacturing operations. The total land area spans 23,000 square feet, fully fenced and offering secure exterior storage. Convenient off-street parking is available. Built in 1950, this one-story building is zoned for Commercial/Industrial use. Its prime location offers easy access to two major roadways, Broadway and Harborside/Port Industrial, placing it in close proximity to the port and rail center, making it an attractive option for businesses needing efficient transportation links.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.