5603 County Rd 286, Sargent, TX 77414
- Commercial real estate
- 10,672 SF
- 1.62 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5603 County Rd 286
- Year built
- 2022
- Lot size
- 1.62 lot acres
- Property type
- Commercial real estate
- APN
- 131088
- APU
- 131088
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 24, 2022 | — | Colbcar LLC | — | Deed · related | $1.2M · Trustmark National Bank |
| Feb 8, 2022 | — | Colbcar LLC | — | Deed · related | $1.1M · Trustmark National Bank |
| Jan 13, 2022 | — | Colbcar LLC | — | Deed · related | $227k · First Bank |
Description
This exceptional 10,528-square-foot retail space is available for lease in Sargent, Texas, located in Matagorda County. The property is a single-tenant building situated at the prominent corner of Sergeant Joe Parks Jr Memorial Highway and County Road 286, offering excellent visibility and accessibility. The building is currently vacant and presents a unique opportunity for a variety of retail businesses. With ample parking available, this freestanding structure is ideally suited for businesses catering to the local community, which is known for its significant fishing and boating activities. The lease expiration date is September 30, 2032, providing long-term stability for the tenant. The property's prime location and substantial size make it an attractive investment for businesses seeking to establish or expand their presence in this vibrant coastal community. The building's substantial square footage allows for flexible layout options to accommodate diverse retail needs. This is a rare opportunity to secure a well-positioned, spacious retail property in a thriving market. The property's strategic location ensures high visibility and convenient access for customers. Serious inquiries are encouraged to explore this exceptional retail space.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,760,000
- 6.5%
- $1,625,000
- 7%
- $1,510,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,204,000
Market price range: $372k - $1.67M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sargent
- County
- Matagorda
- State
- Texas
- Longitude
- -95.6534
- Latitude
- 28.8217
- CBSA code
- 13060
- CBSA name
- BAY CITY, TX MICROPOLITAN STATISTICAL AREA
