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1723 Avenue K Freeport, TX 77541

OFF-MARKET Office Spaces Google Maps
1,462 SF Built 1971
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This 1,462-square-foot medical office building, situated on a spacious 9,375-square-foot lot in Freeport, Texas, presents a compelling investment opportunity. Built in 1971, the property is currently vacant and offers significant potential for a variety of uses. The interior boasts four operatories, fully plumbed and ready for immediate use, along with a welcoming reception area, a private office, storage and equipment rooms, and two bathrooms. One bathroom is plumbed for a potential shower. The versatile layout is adaptable to various businesses, including but not limited to: hair salons, day spas, wellness centers, specialty clinics, medical offices, business offices, shared workspaces, or even tattoo studios. The expansive lot provides ample space for additional parking, outdoor seating areas, or future building expansion, subject to city approval. Located conveniently off Highway 288-B, at the gateway to Freeport from Lake Jackson, this property offers excellent visibility and accessibility. The asking price is $245,000. This is an exceptional chance to acquire a well-located commercial property with significant upside potential. The address is 1723 N Avenue K, Freeport, TX 77541.

Property profile

Verified
Property type Office Spaces
Year built 1971
Total area 1,462 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

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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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