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409 Tx-332 Freeport, TX 77541

OFF-MARKET Office Spaces Google Maps
3,006 SF Built 1970
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 1970
Total area 3,006 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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