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    OFF-MARKET
    Office Spaces

    1723 Avenue K, Freeport, TX 77541

    1,462 SF Built 1971
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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