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    1790 Texas Ave Bridge City, TX 77611-3531
    Property profile & analytics

    1790 Texas Ave Bridge City, TX 77611-3531

    View on Map
    • Commercial real estate
    • 14,748 SF
    • 1.74 lot acres
    Off-Market
    Last Sale Apr 25, 2022
    Property ID
    US82-1484839
    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.
    Value Estimations
    $2,360,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Walgreens Pharmacy / Pharmacy
    • Walgreens Photo / (Bike/Boat/Book/etc) Store
    • Walgreens / Pharmacy
    • FedEx OnSite / Postal Service / Courier Service
    • LibertyX Bitcoin ATM / Atm

    Property Details for 1790 Texas Ave

    Year built
    2008
    Lot size
    1.74 lot acres
    Property size
    14,748 SF
    Property type
    Commercial real estate
    APN
    001261-000980
    APU
    1261000980

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,840,000
      6.5%
      $2,620,000
      7%
      $2,435,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,096,000
      Market price range: $776k - $2.10M

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

    Location Insight

    • Map
    • Local Demand
    City
    Bridge City
    County
    Orange
    State
    Texas
    Longitude
    -93.8337
    Latitude
    30.0318
    CBSA code
    13140
    CBSA name
    BEAUMONT-PORT ARTHUR, 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
    0
    $0.00
    $227,096
    $1,991,072
    $2,218,168
    -
    $227,096
    $1,991,072
    $2,218,168

    Comparable in this City

    • Value Estimation by Request
      0.10 Acres

      1065 Texas Ave

      COMMERCIAL (GENERAL) • 0.10 Acres
      1065 Texas Ave, Bridge City, TX 77611
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    • Value Estimation by Request
      0.89 Acres

      3127 Texas Ave

      COMMERCIAL (GENERAL) • 0.89 Acres
      3127 Texas Ave, Bridge City, TX 77611-4919
      View Details
    • Value Estimation by Request
      12,692 SF

      2729 Norman W Cir

      COMMERCIAL (GENERAL) • 12,692 SF
      2729 Norman W Cir, Bridge City, TX 77611
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    • Value Estimation by Request
      480 SF

      Nelson

      COMMERCIAL (GENERAL) • 480 SF
      Nelson, Bridge City, TX 77611
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    • Value Estimation by Request
      1,536 SF

      160 Bland Dr

      COMMERCIAL (GENERAL) • 1,536 SF
      160 Bland Dr, Bridge City, TX 77611-3702
      View Details
    • Value Estimation by Request
      3,601 SF

      240 Dobbyn St

      COMMERCIAL (GENERAL) • 3,601 SF
      240 Dobbyn St, Bridge City, TX 77611-3407
      View Details

    Similar Nearby for Sale

    • $65,000
      0.30 Acres

      Residential Lots in New Subdivision

      New Class A subdivision with large lots available for sale.
      230 Ayden Cir, Bridge City, TX 77611
      View Details
    • $59,900

      Bridge City Residential Lots Available

      New Class "A" subdivision with large lots for sale.
      245 Ayden Cir, Bridge City, TX 77611
      View Details
    • $65,000

      Residential Lots in Bridge City

      New Class "A" subdivision with large residential lots.
      250 Ayden Cir, Bridge City, TX 77611
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Rent

      Single tenant retail space available in Bridge City, Texas.
      2395 Texas Ave, Bridge City, TX 77611
      View Details
    • $2,500 /Mo
      2,608 SF

      Versatile Warehouse and Office Space

      Commercial warehouse and office space for lease in Bridge City.
      230 Hebert Dr, Bridge City, TX 77611
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space in Bridge City

      Retail space available for lease in Bridge City, Texas.
      2395 Texas Ave, Bridge City, TX 77611
      View Details
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    1790 Texas Ave
    Bridge City, TX 77611-3531
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    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
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