Technical
Financial
Distress signals
Property profile

101 Dixie Dr Clute, TX 77531

FOR SALE
Grocery and convenience stores
Property ID
US82-2309147
36,913 SF 6.31 ac lot Built 1974
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard
No photos on file
For Sale
Contact for pricing 36,913 SF
101 Dixie Dr, Clute, TX 77531
View Listing →

Property summary

AI-generated overview

This exceptional 0.48-acre retail pad site, located at 101 Dixie Dr, Clute, TX 77531, presents a unique investment opportunity. The 1,968 square foot building, constructed in 1996, is currently vacant and offers a single-tenant space ideal for a restaurant. The property boasts a prime location on a hard corner with excellent visibility and multiple access points at a lighted intersection. Its strategic placement offers significant advantages, being less than half a mile from Brazoswood High School (enrollment exceeding 2,500 students) and just one mile from the Dow Chemical plant (over 7,000 employees). Furthermore, its proximity to Brazosport College (over 4,000 students) ensures a substantial potential customer base. The property includes 21 parking spaces and is classified as Class B. The lot size is 0.48 acres, with a building floor area ratio (FAR) of 0.9. The property's APN is 0019-0328-000, and it's situated near the cross street, Plantation Dr. This is a ready-to-lease space with high potential for a thriving business. The single-story building offers immediate occupancy for a new tenant.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1974
Total area 36,913 SF
Lot 6.31 ac (274,929 SF)
APN 0019-0328-000
UPID US82-2309147

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

101 Dixie Dr Clute, TX 77531
Clute metro Census 663900 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.93M
Blend (final) Blend
$4.49M

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $5.2M +60.7%
Restaurant $5.1M +56.2%
Auto repair, garage $4.6M +40.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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