2104 Cedar Dr, La Marque, TX 77568
- Commercial real estate
- 6,349 SF
- 0.52 lot acres
Current Use by Public Records
- Lone Star Origination, LLC / Financial Advisor
Property Details for 2104 Cedar Dr
- Year built
- 1960
- Lot size
- 0.52 lot acres
- Property type
- Commercial real estate
- APN
- 6710-0000-0003-000
- APU
- 671000000003000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 18, 2024 | — | 77590 Properties LLC | La Marque Properties LLC | Special Warranty Deed | — |
| Sep 26, 2018 | — | La Marque Properties LLC | — | Grant Deed · related | $1M · Texas Citizens Bk NA |
| Jan 24, 2018 | — | Lamarque Properties LLC | — | Deed · related | $225k · Piney Investments LLC |
| May 28, 2015 | — | Lamarque Properties LLC | Ripple Michael & Karen | Warranty Deed | $225k · Piney Investments LLC |
| Oct 15, 2014 | — | Michael Ripple | Ripple,christopher | Quit Claim Deed · related | — |
| Jul 7, 2011 | — | Christopher M Ripple | Ripple,michael & Karen | Quit Claim Deed · related | — |
| Aug 1, 2007 | — | Michael Ripple | Ib Property Holdings LLC | Grant Deed · related | — |
| Aug 20, 2004 | $149,818 | Ib Property Holdings LLC | Harris,charlotte M | Trustees Deed · related | — |
| — | — | Lamarque Properties LLC | — | Loan Modification · related | $225k · Piney Investments LLC |
Description
This 6,349 sq ft La Marque, TX office building, built in 1960 and renovated in 2015, presents a compelling owner-user opportunity. Priced at $399,000 ($62.84/sq ft), it boasts a 16.24% pro-forma cap rate and a $64,800 pro-forma NOI. The property features approximately 3,400 sq ft of office space and 3,000 sq ft of warehouse space, ideal for various businesses. Office space includes seven offices (one executive, six standard), two conference rooms, a lobby, reception area, a large break area with two bathrooms and a kitchenette, and a storage room. The warehouse space offers flexibility for diverse needs. The 11,340 sq ft lot provides ample parking: six spaces upfront and room for at least thirty more within the gated lot, perfect for larger vehicles. The property is currently vacant and move-in ready. Owner financing is available. The estimated monthly rent is $5,400, based on $12/sq ft/year for office space and $8/sq ft/year for warehouse space. Interior walls are easily reconfigurable to suit a new owner's needs. This Class C property is situated at 2104 Cedar Dr, La Marque, TX 77568, in Galveston County.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- La Marque
- County
- Galveston
- State
- Texas
- Longitude
- -94.9755
- Latitude
- 29.3689
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
