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322 Laurel St 11,014 SF 100% Leased Retail Building La Marque, TX 77568 $1,316,766 CAD ($119.55 CAD/SF) 6.40% Cap Rate
Investment Highlights
- Below-market rents create upside potential
- more than 6.4 % cap rate
- Two established long term tenants
Executive Summary
100% Occupied Mixed-Use Investment. Interstate 45 corridor, Minutes from Texas City,Strong Gulf Coast commercial market
Opportunity Zone • Bonus 0.42-Acre Commercial Parcel Included. Total Land .97Acre
Roof improvements,HVAC improvements,Interior renovations.Additional parking,Future commercial development,
Building expansion,Potential to increase future NOI,Pro Forma NOI estimated at approximately $80,000
Opportunity Zone • Bonus 0.42-Acre Commercial Parcel Included. Total Land .97Acre
Roof improvements,HVAC improvements,Interior renovations.Additional parking,Future commercial development,
Building expansion,Potential to increase future NOI,Pro Forma NOI estimated at approximately $80,000
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
11,014 SF
Building Class
C
Year Built
1965
Price
$1,316,766 CAD
Price Per SF
$119.55 CAD
Cap Rate
6.40%
NOI
$84,273 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.46
Lot Size
0.55 AC
Opportunity Zone
Yes
Zoning
C-2 Restricted Commercial - C-2 Restricted Commercial District: allows retail, offices, clinics, cafes, churches, and similar neighborhood services.
Parking
25 Spaces (2.27 Spaces per 1,000 SF Leased)
Frontage
228’ on Laurel St
Amenities
- Corner Lot
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Conner Stone Fellowship Church
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- Norris D Burkley Professional Service
- Professional, Scientific, and Technical Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Conner Stone Fellowship Church | Services | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| Norris D Burkley Professional Service | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | Lorem Ipsum | - |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2775-0004-0100-006 | Total Assessment | $1,133,760 CAD |
| Land Assessment | $33,644 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,100,116 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
2775-0004-0100-006
Land Assessment
$33,644 CAD
Improvements Assessment
$1,100,116 CAD
Total Assessment
$1,133,760 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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322 Laurel St
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