330 Texas Ave | Texas City, TX 77590
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330 Texas Ave
Texas City, TX 77590
Seller Financing! $$ Under Appraised Value!! · Retail Property For Sale
Investment Highlights
- Priced Under Appraised Value!
- Seller Financing Available!
Executive Summary
Unbeatable price point for this property. Galveston CAD has it valued at $399,250
Property SF 4,180
Lot SF 6,250
Originally built in 1960
This used to be a popular bar named Bourbon Street. It is all nearby the industrial and commercial area where the main economic drivers of the area are present. It's a nice opportunity to open a business that might cater to their needs or wants.
Property SF 4,180
Lot SF 6,250
Originally built in 1960
This used to be a popular bar named Bourbon Street. It is all nearby the industrial and commercial area where the main economic drivers of the area are present. It's a nice opportunity to open a business that might cater to their needs or wants.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
4,180 SF
Year Built
1960
Price
£128,783
Price Per SF
£31
Net Initial Yield
8.50%
NOI
£10,947
Tenancy
Single
Number of Floors
1
Building FAR
0.67
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
E - Commercial
Parking
6 Spaces (1.44 Spaces per 1,000 SF Leased)
Frontage
120 ft on Texas Avenue
Amenities
- Corner Lot
- Restaurant
PROPERTY TAXES
| Parcel Number | 7030-0046-0001-000 | Improvements Assessment | £322,490 |
| Land Assessment | £10,097 | Total Assessment | £332,587 |
PROPERTY TAXES
Parcel Number
7030-0046-0001-000
Land Assessment
£10,097
Improvements Assessment
£322,490
Total Assessment
£332,587
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