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Property profile & analytics
OFF-MARKET
Estimated value
$4,490,000
Grocery and convenience stores
101 Dixie Dr Clute, TX 77531-5105
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2309147
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
We 51 Stueb Dixie LLC · 6 yrs held
We 51 Stueb Dixie LLC
since 2020
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.2M
+60.7%
Restaurant
$5.1M
+56.2%
Auto repair, garage
$4.6M
+40.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Clute submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clute submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,235,000
Current use
OFFICE BUILDING
$5,195,000
Change: +61% · Conversion: Easy
RESTAURANT
$5,050,000
Change: +56% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,555,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$3,160,000
Change: -2% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,810,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$4.49M
Range $4.04M – $4.94M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$122 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2018Property tax & assessments
Tax year 2018
Assessed value
$8,014,971
Assessed 2023
Previous assessed
$2,542,943
+215.2% YoY
Assessed land
$965,000
Assessed improvement
$7,049,971
Land market value
$965,000
Improvement market value
$7,049,971
Total market value
$8,014,971
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1974
Heating
PACKAGE
Cooling
CENTRAL
Buildings
3
Rooms
16
Total area
36,913 SF
Lot
6.31 ac (274,929 SF)
APN
0019-0328-000
UPID
US82-2309147
Jurisdiction
BRAZORIA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.2M
OFFICE BUILDING
Est. value
$5.2M
RESTAURANT
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$3.2M
WAREHOUSE, STORAGE
Est. value
$2.8M
RETAIL STORES Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Heating
PACKAGE
Cooling
Yes
Buildings
3
Rooms
16
Lot
6.31 ac
Current owner
From public records · entity-resolved
We 51 Stueb Dixie LLC
Entity
Mailing address
1727 NE 13TH AVE, PORTLAND, OR 97212-4378
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2020
—
We 51 Stueb Dixie LLC
—
Deed
related
$3,349,978 · Independent Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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