For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

114 Teel Dr Devine, TX 78016

For Sale
$350,000

High-yield commercial property in Devine, TX.

Property size:
2,394 SF

Description

Added:
Feb 3, 2025
Days on Market:
311
This exceptional 2,394 square foot commercial building, situated on a 0.27-acre lot at 114 S Teel Drive in Devine, Texas, presents a compelling investment opportunity. Priced at $350,000, this property offers significant potential for both investors and owner-occupiers. The building's vibrant location makes it an attractive proposition for a variety of businesses. For investors, the property offers the chance to acquire an income-producing asset well below replacement cost. The presence of vacant space allows for future lease-up, leading to increased net operating income (NOI) and diversified cash flow. This represents a strong return on investment potential. For owner-occupiers, this property provides the opportunity to own their business location, building equity instead of paying rent. The building's size and location make it suitable for a range of commercial uses. The property is being offered for sale only, presenting a unique chance to secure a valuable asset in a desirable location. Serious inquiries are encouraged to explore this promising investment or business ownership opportunity. The property is located in Devine, TX, a growing community offering a strong local market. The 0.27-acre lot provides ample space for potential expansion or outdoor uses. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area.

Property Features for 114 Teel Dr

General Information

Property type
Other commercial real estate
Square Feet
2,394 SF
Lot Size
11,761 SF

Building Details

Year Built
1957

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Devine
County
Medina
State
Texas
Longitude
-98.90649
Latitude
29.13973

FAQs

What type of property is this?
Commercial real estate - High-yield commercial property in Devine, TX.
Where is this commercial real estate located?
The property is located at 114 Teel Dr Devine, TX.
What is the asking price?
The asking price for this property is $350,000.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message