Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2455 Tuscan Lk Blvd Dickinson, TX 77539
    Property profile & analytics

    2455 Tuscan Lk Blvd Dickinson, TX 77539

    View on Map
    • Warehouses
    • 181,497 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 2455 Tuscan Lk Blvd

    Year built
    2022
    Property size
    181,497 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 181,497-square-foot warehouse in Dickinson, Texas, offers a prime location just five miles from Interstate 45, ensuring easy access to major transportation routes. Built in 2022, this single-tenant property boasts a spacious 55.56-acre lot and features a single-story building with a 36-foot ceiling height. The warehouse includes 17 loading docks and 16 drive-in doors, along with ample parking for 1223 vehicles, accommodating efficient loading and unloading operations. A significant advantage is the inclusion of 9,000 square feet of dedicated office space, ideal for administrative functions. The property benefits from 100% HVAC (central air conditioning), ensuring a comfortable and climate-controlled environment year-round. The building is in excellent condition. This property is situated in Galveston County and offers proximity to a robust local customer base. Note that certain utilities, building services, and property fees may be separate from the lease rate. A sublease option is available for a portion of the space. This warehouse presents a unique opportunity for businesses seeking a modern, well-equipped facility in a strategic location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dickinson
    County
    Galveston
    State
    Texas
    Longitude
    -95.0286
    Latitude
    29.4509

    Comparable in this City

    • Value Estimation by Request
      26,108 SF

      611 Fm 517

      Distribution properties • 26,108 SF
      611 Fm 517, Dickinson, TX 77539
      View Details
    • Value Estimation by Request
      12.90 Acres

      3 State Hwy

      Land • 12.90 Acres
      3 State Hwy, Dickinson, TX 77539
      View Details
    • Value Estimation by Request
      3.68 Acres

      3 & Fm 2004

      Land • 3.68 Acres
      3 & Fm 2004, Dickinson, TX 77539
      View Details
    • Value Estimation by Request
      2.16 Acres

      Dickinson, TX 77539

      INDUSTRIAL (GENERAL) • 2.16 Acres
      Dickinson, TX 77539
      View Details
    • Value Estimation by Request

      Dickinson, TX 77539

      HEAVY INDUSTRIAL
      Dickinson, TX 77539
      View Details
    • Value Estimation by Request

      Dickinson, TX 77539

      HEAVY INDUSTRIAL
      Dickinson, TX 77539
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      26,108 SF

      Dickinson Warehouse: 26,108 SF

      Prime Dickinson industrial warehouse, ideal for diverse uses.
      611 Fm 517, Dickinson, TX 77539
      View Details
    • $625,000

      Flex Space with Storage Yard

      Flex space featuring office, warehouse, and storage, plus yard.
      5252 Fm 517 Rd East, Dickinson, TX 77539
      View Details
    • $3,990,000

      Former Bank Building with Warehouse

      37,743 SF building with warehouse and parking income.
      2401 Termini St, Dickinson, TX 77539
      View Details
    • Contact for pricing
      20,375 SF

      Dickinson Childcare Facility For Sale

      Stabilized childcare investment property in Southeast Houston market.
      303 Spruce St, Dickinson, TX 77539
      View Details
    • Contact for pricing

      San Leon Self-Storage Facility

      Self-storage facility in San Leon, TX, serving coastal communities.
      207 27Th St, San Leon, TX 77539
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail/Home Improvement Store Available

      Retail/home improvement store with frontage on FM 517.
      611 Fm 517 W, League City, TX 77539
      View Details
    • Contact for pricing

      Office and Retail Space Available

      Office and retail spaces for rent, ranging from 1,000-3,906 SqFt.
      451 Fm 646 Rd, Dickinson, TX 77539
      View Details
    • Contact for pricing
      1,050 SF

      Retail Space on Gulf Freeway

      Retail space available for lease on Gulf Freeway, Dickinson, TX.
      3400-3600 Gulf Fwy, Dickinson, TX 77539
      View Details
    • Contact for pricing
      12,000 SF

      Dickinson Retail Space Available

      Retail space available for rent in Dickinson, Texas.
      2211 W Fm 646 Rd, Dickinson, TX 77539
      View Details
    • Contact for pricing

      Retail Space Near Gulf Freeway

      Retail space with great visibility and ample parking available for rent.
      3300 Gulf Fwy, Dickinson, TX 77539
      View Details
    • Contact for pricing

      Retail/Office Space in Dickinson, Texas

      Retail and office spaces available for lease in Dickinson, Texas.
      4312 St Goar St, Dickinson, TX 77539
      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.
    2455 Tuscan Lk Blvd
    Dickinson, TX 77539
    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
    2455 Tuscan Lk Blvd, Dickinson, TX, 77539
    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!