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Property profile & analytics
OFF-MARKET Estimated value $585,000
Retail space

7710 Garth Rd Baytown, TX 77521-8809

8,863 SF 1.1 ac lot Built 2019
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-0043160
Property summary
AI-generated overview

This exceptional 8,037 square foot shopping center, located at 7710 Garth Rd, Baytown, TX 77521, presents a compelling investment opportunity. Built in 2020, this Class B, multi-tenant property boasts a 100% occupancy rate, generating a strong net operating income (NOI) of $204,800 and a 6.50% capitalization rate. The asking price is $3,150,770. Situated on a 0.76-acre lot (APN 1235440000117), the property benefits from its strategic location within a rapidly growing area of Baytown, Harris County, Texas. The surrounding area has experienced significant population growth, with a 20% increase since 2020, totaling 33,187 residents within a 3-mile radius and 92,422 within 5 miles. This thriving community is fueled by the energy industry, home to major refineries including Exxon Mobil's substantial Baytown plant. The center's strong tenant mix is further enhanced by its proximity to established national retailers such as Target, Starbucks, Walgreens, HEB, Academy Sports, and Whataburger, ensuring high visibility and consistent foot traffic. This property offers a rare combination of strong financial performance, prime location, and significant growth potential, making it an ideal addition to any investment portfolio.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2019
Construction CONCRETE BLOCKS
Total area 8,863 SF
Lot 1.1 ac (47,916 SF)
APN 1419490010001
UPID US82-0043160
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
  • SOLPQ Engineer
  • Susan Crouch Physician
  • Siomara Sandoval Physician
  • Bitcoin ATM Baytown - Coinhub Currency Exchange Service Atm
  • CBD + VAPE - Health Improvement (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
$771k
Blend (final) Blend
$585k
Owner & transaction history
Macgregor Entrepreneurs LLC · 4 yrs held
Macgregor Entrepreneurs LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $895,000 +99.7%
Restaurant $670,000 +49.7%
Office building $540,000 +19.8%
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