Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1400 Alexander Dr Baytown, TX 77520-5320

    • Auto shops
    • 2,593 SF
    • 1.52 lot acres
    OFF-MARKET
    Value Estimations
    $325,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-0724213
    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

    • Galvez Group INC Muffler & Mechanic / Auto Repair Shop
    • Oil change / Auto Body Shop

    Property Details for 1400 Alexander Dr

    Year built
    1955
    Construction
    FRAME
    Lot size
    1.52 lot acres
    Property size
    2,593 SF
    Property type
    Auto shops
    APN
    1383180000002
    APU
    1383180000002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $300,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $351,000
      Market price range: $188k - $352k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $275,000
      Current use
      COMMERCIAL (GENERAL)
      $430,000
      Change: +57% Conversion: Moderate
      RETAIL STORES
      $275,000
      Change: -0% Conversion: Difficult
      MEDICAL BUILDING
      $260,000
      Change: -6% Conversion: Difficult
      OFFICE BUILDING
      $240,000
      Change: -11% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Baytown
    County
    Harris
    State
    Texas
    Longitude
    -94.9539
    Latitude
    29.7382
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN 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
    $2,837
    $398,052
    $145,420
    $543,472
    -
    $398,052
    $145,420
    $543,472

    Comparable in this City

    • Value Estimation
      $225,000
      2,940 SF

      1701 Lee Dr

      AUTO REPAIR, GARAGE • 2,940 SF
      1701 Lee Dr, Baytown, TX 77520-7928
      View Details
    • Value Estimation
      $320,000
      1,848 SF

      1319 Main St

      AUTO REPAIR, GARAGE • 1,848 SF
      1319 Main St, Baytown, TX 77520-7165
      View Details
    • Value Estimation
      $235,000
      2,400 SF

      911 Main St

      AUTO REPAIR, GARAGE • 2,400 SF
      911 Main St, Baytown, TX 77520-4653
      View Details
    • Value Estimation
      $260,000
      2,592 SF

      100 Defee Ave

      AUTO REPAIR, GARAGE • 2,592 SF
      100 Defee Ave, Baytown, TX 77520-4008
      View Details
    • Value Estimation
      $235,000
      1,560 SF

      505 Texas Ave

      AUTO REPAIR, GARAGE • 1,560 SF
      505 Texas Ave, Baytown, TX 77520-5262
      View Details
    • Value Estimation
      $230,000
      1,470 SF

      1000 Alexander Dr

      AUTO REPAIR, GARAGE • 1,470 SF
      1000 Alexander Dr, Baytown, TX 77520-5312
      View Details

    Similar Nearby for Sale

    • $795,000
      15,879 SF

      Retail Property Near Lee College

      Multi-tenant retail property near Lee College in an Opportunity Zone.
      622 W Texas Ave, Baytown, TX 77520
      View Details
    • $999,900
      10,222 SF

      Baytown Automotive/Retail Opportunity

      Former auto dealer and heavy equipment rental property for sale.
      1801 Main St, Baytown, TX 77520
      View Details
    • $1,050,000
      12,900 SF

      Baytown Shopping Center Investment

      Fully renovated, 100% occupied retail mall
      1301 Sandy Ln, Baytown, TX 77520
      View Details
    • $499,000
      1,900 SF

      Baytown Restaurant - Turnkey Opportunity

      Established Restaurant, 1900 sq ft, High Traffic Area
      2915 Market St, Baytown, TX 77520
      View Details
    • $165,000
      1,036 SF

      Versatile Property in Baytown, TX

      Commercial/residential property with potential for duplex conversion or business use.
      401 W James St, Baytown, TX 77520
      View Details
    • $774,000
      3,000 SF

      Baytown Retail Property For Sale

      Retail property available for purchase in Baytown, Texas.
      1511 10Th St, Baytown, TX 77520
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      10,000 SF

      Retail Space on Hard Corner

      Retail space on corner of Spur 330 and Baker Rd.
      4401 Decker Dr, Baytown, TX 77520
      View Details
    • $0.80 SF/Yr
      2,650 SF

      Retail Space in Baytown, TX

      Retail space available for lease in Baytown, Texas.
      4112 Decker Dr, Baytown, TX 77520
      View Details
    • $4,000 /Mo
      1,500 SF

      Retail Space For Rent

      Retail space available for lease in Baytown, TX.
      706 Alexander Dr, Baytown, TX 77520
      View Details
    • Contact for pricing
      8,000 SF

      Baytown Retail Center - 8,000 SF Available

      High-traffic retail space, Baytown, TX. Excellent visibility.
      0 Swc Sh 146 & Tompkins Dr, Baytown, TX 77520
      View Details
    • $1,800 /Mo
      1,244 SF

      Cozy Condo with Community Pool

      Well-maintained 2 bed, 2.5 bath condo with recent updates.
      1505 Ward Rd, Baytown, TX 77520
      View Details
    • Contact for pricing
      2,085,960 SF

      Ameriport Industrial Park Lease

      Baytown, TX: Industrial space available
      1414 Grand Pkwy & FM 565, Baytown, TX 77520
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1400 Alexander Dr
    Baytown, TX 77520-5320
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.