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    FOR SALE
    Office buildings

    2921 N Valderas St, Angleton, TX 77515

    11,037 SF 2.43 ac lot Built 2006
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US82-6635639
    2921 N Valderas St, Angleton, TX 77515 For Sale
    $2,475,000 11,037 SF
    2921 N Valderas St, Angleton, TX 77515
    View Listing →
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fee-simple, single-tenant office building totaling 10,375 square feet, situated on a 2.427-acre lot in Angleton, Texas. The property, located at 2921 N Valderas St, boasts a 15-year lease with the U.S. Social Security Administration (SSA), commencing January 11, 2022, and expiring January 20, 2037. This represents a remaining lease term of approximately 12.2 years. The lease features a 13-year firm (non-cancellable) period and a base rent increase in year nine, ensuring consistent and growing income. Built in 2006 and renovated in 2022, the building was constructed to meet stringent federal security standards, including secure perimeter fencing. The property's strong financial performance is reflected in its current 100% occupancy, a $167,251 net operating income (NOI), and a 6.50% capitalization rate. The asking price is $2,573,088, translating to a price per square foot of $248.01. The property is zoned C-G (General Commercial) and benefits from its location within the Houston MSA, 43 miles southwest of Houston, Texas, the fifth largest MSA in the United States, with a population exceeding 7.2 million. The site enjoys convenient access to Highway 288 and is surrounded by essential businesses and services, including Walmart, Kroger, and other national retailers. This is a rare opportunity to acquire a secure, long-term investment with a highly creditworthy tenant. The Brazoria County property (APN 573589) offers exceptional income security and significant long-term growth potential.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2006
    Total area 11,037 SF
    Lot 2.43 ac (105,715 SF)
    APN 1313-3000-153
    UPID US82-6635639
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Social Security Administration Social Security Office Government Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $545k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.21M
    Blend (final) Blend
    $875k
    Owner & transaction history
    Ecg Angleton LLC · 4 yrs held
    Ecg Angleton LLC
    since 2021
    7 recorded transactions
    2021
    2018
    2018
    2017
    2017
    2012
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.4M +1.3%
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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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