Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    12 Defee St Baytown, TX 77520
    Property profile & analytics

    12 Defee St Baytown, TX 77520

    View on Map
    • Retail properties & Spaces
    • 3,713 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 12 Defee St

    Property size
    3,713 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Office properties & Spaces

    Description

    This exceptional commercial property, located at 12 W Defee St in Baytown, Texas, presents a unique investment opportunity. The property boasts a versatile design, suitable for a variety of business ventures. Classified as both a business for sale and mixed-use, it offers a blend of office and retail space, making it ideal for businesses requiring both front-of-house customer interaction and back-office functionality. The building encompasses a substantial 8,234 square feet of net rentable space, spread across two stories. While the total square footage can vary, reaching up to 3,713 - 8,234 square feet, the consistent net rentable area ensures a reliable income stream. Situated in Harris County, Texas, with a zip code of 77520, this property benefits from its prime location in Baytown, offering high visibility and accessibility to a large customer base. The building's storefront design further enhances its appeal, making it easily recognizable and attractive to potential customers. This is a rare opportunity to acquire a well-positioned, substantial commercial property in a thriving Texas market. The property's adaptability and size make it an attractive investment for both established businesses seeking expansion and entrepreneurs looking to establish a new venture. The building's two-story layout provides ample space for various configurations, allowing for customization to meet specific business needs. This property is being offered for sale and presents a compelling investment opportunity in a dynamic and growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Baytown
    County
    Harris
    State
    Texas
    Longitude
    -94.9678
    Latitude
    29.7331

    Comparable in this City

    • Value Estimation by Request
      7,803 SF

      7600 Bayway Dr

      Mixed-use properties • 7,803 SF
      7600 Bayway Dr, Baytown, TX 77520
      View Details
    • Value Estimation by Request
      2,708 SF

      122 Defee St

      Individual retail properties • 2,708 SF
      122 Defee St, Baytown, TX 77520
      View Details
    • Value Estimation by Request
      1,036 SF

      401 James Ave

      Individual retail properties • 1,036 SF
      401 James Ave, Baytown, TX 77520
      View Details
    • Value Estimation by Request
      10,000 SF

      101 Commerce St

      Distribution properties • 10,000 SF
      101 Commerce St, Baytown, TX 77520
      View Details
    • Value Estimation by Request
      3,184 SF

      522 Texas Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,184 SF
      522 Texas Ave, Baytown, TX 77520-5263
      View Details
    • Value Estimation
      $625,000
      5,944 SF

      420 Texas Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,944 SF
      420 Texas Ave, Baytown, TX 77520-4752
      View Details

    Similar Nearby for Sale

    • $499,000
      1,600 SF

      High-Visibility Commercial Property on Main

      Prime commercial location with high traffic and flexible usage.
      2007 N Main St, Baytown, TX 77520
      View Details
    • $285,000
      5,000 SF

      Baytown Retail Building For Sale

      5,000 sq ft building needing total rehab.
      101 Texas Ave, Baytown, TX 77520
      View Details
    • Contact for pricing
      15,879 SF

      Retail Property Near Lee College

      Multi-tenant retail property near Lee College in an Opportunity Zone.
      622 W Texas Ave, Baytown, TX 77520
      View Details
    • $55,000

      Baytown Commercial Opportunity on Texas

      Versatile commercial property with high visibility and traffic exposure.
      2109 W Texas Ave, Baytown, TX 77520
      View Details
    • $175,000
      2,900 SF

      Baytown Retail Space Opportunity

      Retail space for sale across from Baytown Town Square.
      218 W Texas Ave, Baytown, TX 77520
      View Details
    • $165,000
      1,036 SF

      Versatile Property in Baytown, TX

      Commercial/residential property with potential for duplex conversion or business use.
      401 W James St, Baytown, TX 77520
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Renovated Retail/Office Space in Baytown

      Versatile, newly renovated space in Baytown's Downtown Art District.
      501 West Texas Ave, Baytown, TX 77520
      View Details
    • Contact for pricing
      4,817 SF

      Retail Space in Baytown, TX

      Retail space available for lease in Baytown, Texas.
      4110-4130 Decker Dr, Baytown, TX 77520
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space on Hard Corner

      Retail space on corner of Spur 330 and Baker Rd.
      4401 Decker Dr, Baytown, TX 77520
      View Details
    • $1.00 SF/Yr
      4,500 SF

      Retail Space For Rent

      Retail space available for lease in Baytown, TX.
      706 Alexander Dr, Baytown, TX 77520
      View Details
    • $7 SF/Yr
      83,000 SF

      Baytown Retail Space Available

      83,000 sqft retail property in Baytown, Texas.
      1700 Decker Dr, Baytown, TX 77520
      View Details
    • Contact for pricing

      Baytown Retail Property For Sale

      Retail property available for purchase in Baytown, Texas.
      1511 10Th St, Baytown, TX 77520
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12 Defee St
    Baytown, TX 77520
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12 Defee St, Baytown, TX, 77520
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!