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Property profile & analytics
OFF-MARKET
Commercial land

108 2nd St Smithville, TX 78957-1808

0.08 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US82-6050758
Property summary
AI-generated overview

This exceptional 2,100 square foot retail property, located at 108 NE 2nd St in the charming town of Smithville, Texas, presents a unique investment opportunity. Situated on a 0.08-acre lot, this historic building currently houses a successful coffee shop and general store, benefiting from a consistent flow of customers. The property's prime location attracts both local residents and tourists, ensuring a strong customer base. The interior boasts a cozy and welcoming atmosphere, perfectly complementing the building's historic character. A significant advantage is the inclusion of a delightful courtyard area at the rear of the building, providing an outdoor space for relaxation and potential expansion. This tranquil retreat adds considerable value and appeal, enhancing the overall functionality and charm of the property. The asking price for this turnkey operation is $475,000. This represents a rare chance to acquire a piece of Smithville's rich history and vibrant community, offering significant potential for continued success and growth. The property's established business and desirable location make it an ideal investment for both seasoned entrepreneurs and those seeking a profitable venture in a thriving small town.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.08 ac (3,398 SF)
APN R61073
UPID US82-6050758
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
ROBERT & PAMELA VASEK TRUST
ROBERT & PAMELA VASEK TRUST
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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