409 Tx-332, Freeport, TX 77541
This exceptional 3,006 sq ft commercial property, located at 409 TX-332 in Surfside Beach, Texas (77541), presents a unique investment opportunity. Built in 1970 and renovated in 2007, this versatile space boasts three separate electric meters and AC systems, allowing for flexible use as a single large unit or subdivision into three individual spaces. Currently occupied by a property management company, the property offers immediate rental income potential, with the tenant potentially occupying only the rear portion. The front area is available for immediate use or lease. Situated on a 13,010 sq ft lot, the property includes 8 parking spaces and is conveniently located two blocks from the main beach entrance, ensuring high visibility and foot traffic. The building features multiple entrances, a customer-friendly lower elevation, a kitchen/break room, one full bathroom, and two half bathrooms. The asking price is $450,000 ($149.70/sq ft). Contact the City of Surfside Beach to verify building requirements and permitted uses. The property's configuration allows for subdivision, subject to city approval. This prime location at the entrance to Surfside Beach offers unbeatable visibility and is ideal for investors and business owners seeking a high-profile presence in a thriving tourist town.
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
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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.