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Auction - Aug 17-19 - Valero Gas Station 16449 Hwy 124 3,800 SF Retail Building Fannett, TX 77705 For Sale
Investment Highlights
- Owner-User Opportunity
- Valero-Branded Fuel Contract With 8 Years Remaining
- Established 15-Mile Retail Trade Area With 156,906 Residents and Strong Daily Activity
- Recent Capital Upgrades: 3 MPDs, New Canopy, New Tank Monitor, LED Price Sign & Gilbarco Passport POS
- Visibility and Access Along State Highway 124 (5,373 VPD) With Direct Connectivity to I-10 (45,000 VPD)
Executive Summary
This 3,800-SF Valero gas station sits on a 7.64-acre parcel, providing an owner-user immediate operating capability with the flexibility for expansion, added pads, storage uses, or future redevelopment. Recent capital upgrades—including three MPDs, a new canopy, new tank monitor, LED price sign, and Gilbarco Passport POS—reduce near-term capital needs and support efficient operations.
The site benefits from visibility along State Highway 124 (5,373 VPD) with direct access to I-10 (45,000 VPD), drawing traffic between Beaumont and Houston. A strong daytime population of 179,135 and a 15-mile trade area of 156,906 residents reinforce daily demand drivers. The property also operates under a Valero-branded fuel contract with eight years remaining, providing brand strength and supply consistency.
The site benefits from visibility along State Highway 124 (5,373 VPD) with direct access to I-10 (45,000 VPD), drawing traffic between Beaumont and Houston. A strong daytime population of 179,135 and a 15-mile trade area of 156,906 residents reinforce daily demand drivers. The property also operates under a Valero-branded fuel contract with eight years remaining, providing brand strength and supply consistency.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Retail
Building Size
3,800 SF
Building Class
B
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.20 AC
Zoning
F1 - Commercial
Frontage
171’ on Texas 124
Amenities
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 300130-000-001000-00000 | Improvements Assessment | $398,350 |
| Land Assessment | $35,985 | Total Assessment | $434,335 |
Property Taxes
Parcel Number
300130-000-001000-00000
Land Assessment
$35,985
Improvements Assessment
$398,350
Total Assessment
$434,335
Contacts
-
Vincent Knipp -
Salim Bhaidani -
Ehsan Bakhshi -
Derek Schuster -
Bryce Dunks -
Knipp Wolf Net Lease Group | Marcus & Millichap
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