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Property profile & analytics

504 Commerce St Palacios, TX 77465

  • Commercial real estate
  • 4,170 SF
  • 0.21 lot acres
Value Estimation
$380,000
Location Intelligence
Property ID
US82-6037357
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 504 Commerce St

Year built
1961
Lot size
0.21 lot acres
Property size
4,170 SF
Property type
Commercial real estate
APN
42433
APU
42433

Description

This exceptional 3,750-square-foot single-tenant building, constructed in 1961, presents a unique investment opportunity in Palacios, Texas. The property boasts a 9,000-square-foot lot and features a 10-foot ceiling height in its spacious interior. The layout includes an entry lobby leading to a large 60' x 50' clear-span area, perfect for various uses. Additional features include office space, two bathrooms, and a storage room. The building's design allows for easy subdivision into two separate units, each with its own entrance. The property also offers significant potential for expansion, with the possibility of adding a second floor for live/work purposes. The building is conveniently located just one block from Tres Palacios Bay, offering stunning waterfront views and proximity to the town's amenities. Palacios is a charming coastal town known for its commercial fishing fleet, bay shore park with a seawall and wide sidewalks, marina, fishing jetties, pavilion, and pier. The seller is offering an allowance for a new roof and soffit, while the lessee is responsible for mechanical, electrical, and plumbing (MEP) systems and interior finish-out. The property includes one loading dock and ample parking with ten spaces. The building is served by 240/3-phase power. This versatile property is ideal for a variety of businesses seeking a unique and well-located space in a picturesque Texas coastal town. The address is 504 Commerce St, Palacios, TX 77465, near the cross street of Fifth St.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Palacios
County
Matagorda
State
Texas
Longitude
-96.2173
Latitude
28.7007
CBSA code
13060
CBSA name
BAY CITY, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,276
$41,300
$74,470
$115,770
-
$41,300
$74,470
$115,770
More about this property
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