2000 Cedar Dr - Freestanding FOR SALE


La Marque, TX 77568
$390,000 USD
832-373-6971
2000 Cedar Dr, La Marque, TX for Sale
$390,000 USD
Freestanding - FOR SALE
1/32
null | Request Cap Rate

2000 Cedar Dr
La Marque, TX 77568


HIGHLIGHTS

  • Zoned C-2 Restricted Commercial
  • Opportunity Zone #48167723000
  • 2 Buildings, 3 Spaces – Fully Leased
  • Heavy Daytime Traffic - 4,197 VPD (TxDOT, 2021) on Cedar Drive
  • Easy Access to Interstate 45, State Highway 3, State Highway 146, and Emmett F. Lowry Expressway (FM 1764)
  • Flood Zone X

OVERVIEW

This fully occupied retail center features two buildings and a storage shed situated with 100 feet of frontage on both Cedar Drive and Cora Drive. It is located within Flood Zone X and Opportunity Zone #48167723000, offering both long-term stability and potential tax advantages for investors. The property includes a 3,057 SF main building configured into two tenant spaces and a second 800 SF building with one tenant space, all currently generating income. Positioned along Cedar Drive with 4,197 vehicles per day (TxDOT, 2021), the center benefits from consistent local traffic and strong visibility within the surrounding residential community. Current tenants include a daycare, church, and retail business. Its strategic location provides convenient access to Interstate 45, State Highway 3, State Highway 146, and Emmett F. Lowry Expressway (FM 1764), connecting the property to the greater Galveston County and Houston markets. Nearby major retailers include Kroger, Lowe’s Home Improvement, H-E-B, and Aldi. With full occupancy and Opportunity Zone benefits, this retail center presents an opportunity for investors seeking a stabilized asset with long-term upside potential.

FOR SALE DETAILS

PRICE

$390,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Day Care Center, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

C-2 Restricted Commercial

APN/PARCEL ID

7511-0000-0001-000

ASK ABOUT THIS PROPERTY

Brian PenaIndependence Real Estate, Inc.More Info
832-373-6971

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Brian PenaIndependence Real Estate, Inc.More Info
832-373-6971

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.