913 5Th Ave Texas City, TX 77590
This exceptional commercial property in Texas City, Texas, presents a unique investment opportunity. The offering encompasses two parcels: a sizable 9,468 square foot (0.21736 acre) land parcel at 913 5th Ave N, and a 2,000 square foot building located at 921 5th Ave N. The property boasts a highly desirable location directly across from the City Hall Annex, providing excellent visibility and accessibility. The land is zoned for Opportunity Zone designation, offering potential tax advantages for qualified investors. All city utilities are available, ensuring seamless operation for any business. The existing 2,000 square foot building is ideally suited for a small law office or similar professional use. The combined land and building provide a versatile platform for a variety of commercial ventures. The Galveston County Appraisal District numbers for the properties are 225506, 364766, and 225510. The asking price for this combined property is $190,000, representing a compelling opportunity to acquire a strategically located commercial asset in a thriving Texas City neighborhood. This property offers a blend of land and existing building space, making it an attractive option for both developers and businesses seeking a ready-to-use space with expansion potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.