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Property profile & analytics
OFF-MARKET
Lifestyle centers

1301 Sandy Ln Baytown, TX 77520

12,900 SF Built 1970
Property ID
US82-1426615
Property summary
AI-generated overview

This 12,900 square foot, single-story Class B shopping center in Baytown, TX, presents a compelling investment opportunity. Located at 1301 Sandy Ln (APN 0410740030085), this stabilized property boasts seven credit-rated tenants under NNN leases with a remaining term of four years (five-year initial term). The property features 12 units, 45 parking spaces, and a diverse tenant mix including a church and event center. Built in 1970 and fully renovated in 2022, the center enjoys 100% occupancy as of November 1, 2023, generating a Net Operating Income (NOI) of $104,040 and an 8.67% cap rate. The asking price is $1,050,000. Rent bumps are included in the lease agreements. This prime location in Harris County offers high visibility and significant foot traffic, making it an ideal investment for long-term growth and profitability. The property's strong tenant base, attractive cap rate, and recent renovations make it a highly desirable asset in the thriving Baytown market. This is a full ownership opportunity.

Property profile
Verified
Property type Lifestyle centers
Year built 1970
Total area 12,900 SF
APN 0410740030085
UPID US82-1426615
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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