1271 Fm Rd 518 League City, TX 77573
This exceptional, vacant, two-story commercial building, totaling 13,908 square feet, sits on a 1.32-acre lot (57,630 sq ft) in League City, Texas. Built in 2011, the property boasts a prime location on FM 518 Road E, offering 250 feet of frontage and high visibility with an approximate 21,627 daily traffic count (TxDOT AADT, 2022). The building features a full bar, large commercial kitchen with walk-in coolers, a full stage with lighting and sound, and ample seating areas on both floors. The downstairs includes space for private parties and potential gaming. Upstairs offers another full bar, spacious seating, storage, and a manager's office. An elevator and stairway connect both floors. The exterior includes a patio with an additional bar and stage, ample concrete parking, and a street-front monument sign. A security system is in place. All furniture, fixtures, and equipment (FF&E) are included in the sale price of $2,500,000 ($179.75/sq ft). The property is zoned for General Commercial use and presents a turnkey opportunity for various dining, retail, or entertainment concepts. Its location on League City's eastern fringe offers easy access to I-45, Kemah Boardwalk, and South Shore Harbour Country Club.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.