2820 FM 517 Rd - Office/Residential FOR SALE


Dickinson, TX 77539
$1,395,000 USD
713-459-2222
2820 FM 517 Rd, Dickinson, TX for Sale
$1,395,000 USD
Office/Residential - FOR SALE
1/32
null | Request Cap Rate

2820 FM 517 Rd
Dickinson, TX 77539


HIGHLIGHTS

  • Heavy Daytime Traffic
  • Lots of Natural Light
  • Recently Remodeled Building
  • Flood Zone X
  • Easy access to I-45 South, State Highway 3, State Highway 146
  • Class A Executive Office Building

OVERVIEW

This well constructed and fully updated property is a versatile commercial building centrally located contiguous to the city government complex in the heart of Dickinson, Texas. It is a perfect location for high end office space, retail, restaurant, or muti-functional use as commercial on first floor and residential on second floor. Its strategic location is just 2.3 miles from Interstate 45, which puts it within close proximity to major attractions/resources  such as, Tanger Outlets, Baybrook Mall, The Ballpark at League City, UTMB League City, and Johnson Space Center Houston/NASA. The nearby expansion of the new Grand Parkway, expected to be completed through the area on or about 2027.  The property fronts to and has ingress from FM517, the major artery through Dickinson.  High traffic counts of 12,566 AADT 92024)  are reported daily. Currently designed as a high-end executive office space, the building’s adaptable layout and prime location make it easily convertible to other allowable uses. The vacant commercial lot directly adjacent to the building is included in the sale and ideal for future expansion or additional parking, as needs may warrant. The building is not in a flood zone and has  NEVER experienced flooding, including during Hurricane Harvey. During its full remodel, it was stripped to the studs and upgraded with new plumbing, electrical, insulation, 70+ hurricane-rated windows, 50 year roof with ridge vents, CAT5 wiring, shielded conduit, 125 year old hotel reclaimed doors from Galveston, ceiling fans, Otis elevator, and handicap accessibility. The exterior features 3/4" plywood sheathing,  Hardie Plank siding, repointed front brick with address medallion, high end Sherwin Williams elastomeric coating paint, keyless card entry system, monitored security system with cameras, new sidewalks, landscaping, and outdoor lighting ensuring durability and low maintenance. The property is also equipped with three-phase power, with one of the two HVAC systems and security camera monitoring equipment replaced in 2025. First Floor:  Reception Area Office 1:      14’ X 15’ Office 2:      15’ X 12’ Office 3:      12’ X 11’ Office 4:      11’ X 12’ Conference Room: 21’ X 15’ Kitchen:       16’ X 13.5’   Second Floor: Open Area with 10 Workstations:  59’ X 30’ Conference Room: 15’ X 13’ Large Office: 11.50’ X 21’

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

Commercial

APN/PARCEL ID

4835-0000-0005-000,4835-0000-0007-000

ASK ABOUT THIS PROPERTY

Ernesto RamirezIndependence Real Estate, Inc.More Info
713-459-2222

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Ernesto RamirezIndependence Real Estate, Inc.More Info
713-459-2222

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