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    439 Fm 2604 Whitney, TX 76692

    For Sale
    $299,000

    Lakefront Multi-Income Potential!

    Property size:
    78,843 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 78,843 square foot commercial property, situated on a 1.81-acre lot at 439 Fm 2604 in Whitney, TX, presents a unique investment opportunity. Just one mile from the lake, this property boasts multiple income streams, currently including a restaurant-bar, warehouse space, storage units, and a retail store. The existing infrastructure offers significant potential for expansion and diversification. A large building on the site is ready for renovation and repurposing, allowing for customization to suit a variety of business needs. Adding to the revenue potential are two additional residential properties on the site, providing further income streams. While some cosmetic improvements and maintenance are needed, the property is largely ready for immediate operation. The sale includes most existing fixtures and equipment, minimizing start-up costs and accelerating the return on investment. Priced competitively at $299,000, this property offers a rare chance to acquire a substantial commercial holding with diverse income streams and significant upside potential in a desirable location. The proximity to the lake enhances the property's appeal and provides additional opportunities for growth. Don't miss this chance to acquire a truly versatile and profitable commercial asset.

    Property Features for 439 Fm 2604

    General Information

    Property type
    Other commercial real estate
    Square Feet
    78,843 SF
    Lot Size
    78,844 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Hotel & Motel Pharmacy Food Market Grocery Store Storage Facility Garden Center Bakery Travel Agency Cosmetics Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Whitney
    County
    Hill
    State
    Texas
    Longitude
    -97.36682
    Latitude
    32.01437

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    FAQs

    What type of property is this?
    Commercial real estate - Lakefront Multi-Income Potential!
    Where is this commercial real estate located?
    The property is located at 439 Fm 2604 Whitney, TX.
    What is the asking price?
    The asking price for this property is $299,000.
    (254) 218-4220
    Request Owner's contact information
    439 Fm 2604 Whitney, TX 76692
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    Whitney, TX 76692
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    439 Fm 2604 Whitney, TX 76692
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