Chinese Restaurant | 500 S Velasco St Angleton, TX 77515
Office | 47,480 SqFt
Marketing description
SKW Realty is proud to present a fantastic investment opportunity at 500 S Velasco St Angleton, TX, a rare investment or owner-user opportunity in the heart of Angleton, TX. Situated on a prominent corner lot totaling 1.09 acres, this 2,255 SF freestanding restaurant building offers unmatched visibility, strong traffic counts, and flexible potential for retail, restaurant, or redevelopment use.
Property Highlights
-Asking Price: $450,000
-Building Size: 2,255 SF
-Land Size: 47,480 SF / 1.09 Acres
-Corner Lot with frontage on S Velasco St & high-traffic corridors
-Year Built: 1967 | 2-Star Retail Construction
-Easy access to Hwy 274 & SH 288 – strong commuter visibility
-Cap Rate: 6.44% (Ideal for owner-user or cashflow investor)
-Traffic Volume: Over 14,000 vehicles/day on nearby State Hwy 288B
-Located in the Far South Submarket of Houston MSA (Brazoria County)
-Strong Population Growth: 11%+ household growth projected in 3-mile radius by 2029
Investment highlights
Tenant/Use Options
Area Demographics (3-Mile Radius)
-Population: 23,401
-Households: 8,599
-Median Household Income: $71,146
-Daytime Employees: 10,904
-Walk Score: Car-Dependent (49)
Whether you're an investor looking for long-term hold or a restaurateur seeking a turn-key site with redevelopment upside, 500 S Velasco delivers excellent fundamentals, including favorable price-per-square-foot, land value, and a growing submarket.
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