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217 Main St Kenedy, TX 78119-2719

OFF-MARKET Commercial real estate Google Maps
2,551 SF 0.08 ac lot
Individually Owned 3-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$210k
Range $189k – $231k (±10%)
Property ID US83-0617074

Property summary

AI-generated overview

This 2,551 square foot turnkey office condo presents a fantastic opportunity in Kenedy, Texas. Ideally suited for medical practices, business suites, or professional services, this property boasts a well-designed layout. The main area features a spacious reception/clerical area with room for two to three employees, along with three private offices. Two additional private rooms offer versatile space for meetings, consultations, or storage. Ample guest parking is available, with reserved private parking conveniently located at the rear entrance. A unique feature is the loft space at the back of the building, complete with a full bathroom including a shower/tub combination, a kitchenette, and washer/dryer connections. This loft area can be rented out as a separate unit or utilized as a staff kitchen/break room, providing significant flexibility for the owner. Situated on a 0.08-acre lot, this property offers both convenience and privacy. The property is ready for immediate occupancy, making it an exceptional investment opportunity for those seeking a functional and versatile commercial space. The asking price is $124,500. Don't miss this chance to own a thriving business location with the added benefit of potential live-in space.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 2,551 SF
Lot 0.08 ac (3,485 SF)
APN 61953
UPID US83-0617074

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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