1438 Texas Ave Texas City, TX 77590
This exceptional investment opportunity presents a 10,000-square-foot shopping center in Texas City, Texas, boasting a prime location and strong tenant occupancy. The property, situated at 1438 Texas Ave, 77590, is a single-story, 1967-built structure with six individual units, all currently leased, resulting in 100% occupancy. The asking price is $829,000, translating to $82.90 per square foot. The 0.309-acre lot provides ample space, complemented by 25 parking spaces for customer convenience. The center is zoned for commercial use and benefits from high visibility due to its location across from petrochemical plants, ensuring a consistent flow of potential customers. The property's strong performance and strategic location make it an attractive investment for those seeking a stable, high-yield retail asset. Detailed financial information, including rent rolls and additional photos, is available upon request. The property features 10,000 square feet of net rentable space. This well-maintained shopping center presents a rare opportunity to acquire a fully occupied, income-generating property in a thriving Texas City commercial district.
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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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.