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Property profile & analytics

201 Velasco St Angleton, TX 77515

  • Investment properties
  • 19,382 SF
  • 0.33 lot acres
Value Estimation
Location Intelligence
Property ID
US82-4144027
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

  • Stroud Randy L / Land Surveyor

Property Details for 201 Velasco St

Year built
1955
Construction
WOOD FRAME
Lot size
0.33 lot acres
Property size
19,382 SF
Property type
Investment properties
Property subtype
Live-work space
APN
1310-0046-000
APU
13100046000

Description

This exceptional 19,451-square-foot shopping center, located at 201 N Velasco St in Angleton, Texas (77515), presents a compelling investment opportunity. The property, built in 1955, sits on a 0.56-acre lot and boasts a remarkable 98.59% occupancy rate across its 26 tenants. Its prime location at a signalized intersection offers excellent visibility and accessibility. The center is conveniently situated within walking distance of the Brazoria County Court House and the Angleton Chamber of Commerce, ensuring high foot traffic and a strong tenant base. The property features short-term gross leases, providing potential for future rental rate increases and upside. The consistent high occupancy rate (over 90% for more than a decade) demonstrates the property's enduring appeal and strong cash flow. This retail and professional property is offered at a price significantly below replacement cost, making it an attractive investment with substantial potential for return. The property includes ample parking. The property type is retail, specifically a shopping center, with multi-tenancy.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $455,000
  • CAP approach

    CAP return
    Estimation
    6%
    $630,000
    6.5%
    $615,000
    7%
    $660,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $560,000
    Geo Method
    $585,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $585,000
    Retail
    $510,000
    Mixed-Use
    $680,000
    Hospitality
    $675,000
    Educational
    $510,000
    Residential Income
    $630,000
    Energy
    $555,000
    Income-Based Land
    $590,000
    Food Service
    $675,000

Location Insight

  • Map
  • Local Demand
City
Angleton
County
Brazoria
State
Texas
Longitude
-95.4321
Latitude
29.1658
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
2018
$0.00
$83,950
$620,000
$703,950
-
$83,950
$620,000
$703,950
More about this property
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