Technical
Financial
Distress signals
Property profile

201 E Brazos Ave West Columbia, TX 77486

FOR SALE
Retail space
Property ID
US82-3367955
2,034 SF 0.11 ac lot Built 1950
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 201 E Brazos Ave in West Columbia, Texas (77486), presents a compelling investment opportunity. The 2,034 square foot building, situated on a 4,650 square foot lot (APN 8222-0055-000), is classified as Class B and boasts a prime location on Highway 35. Built in 1945 and extensively renovated in 2021, this single-story structure offers a blend of retail and office space, currently leased under a gross lease agreement. The current tenant holds a right of first refusal should a purchase offer be submitted. The lease is a one-year term, commencing September 1, 2023, and expiring September 1, 2024. The asking price is $379,900, translating to $186.77 per square foot. The property features an open floor plan seamlessly integrating private offices, a kitchen, a bathroom, and a conference room. A separate back office area, accessible via a private entrance, includes additional open office space with built-in shelving, a large walk-in closet, and another bathroom. This turnkey property is move-in ready and ideally suited for an owner-user seeking rental income or a savvy investor looking for a strong return. The property's strategic highway location ensures high visibility and accessibility, making it an attractive proposition for a variety of businesses.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Total area 2,034 SF
Lot 0.11 ac (4,792 SF)
APN 8222-0055-000
UPID US82-3367955

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Take-out & Catering

Location

201 E Brazos Ave West Columbia, TX 77486
West Columbia metro Census 662600 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2020
Price N/A
2017
Price N/A
1969
Price N/A

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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