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    950 Broadway St Premont, TX 78375

    For Sale
    $150,000

    Prime Premont location, versatile industrial space.

    Property size:
    1,626 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This 1,626 square foot industrial building is situated on a 0.53-acre lot in the heart of Premont, Texas, at 950 S Broadway Street. Currently configured and utilized as a restaurant/bar, this property presents a unique opportunity for a variety of commercial ventures. The building's existing setup is ideal for food service or similar businesses, and a significant amount of bar and industrial equipment will be included in the sale. A detailed inventory of these included items will be provided as a supplement to the property listing. The building's central location within Premont offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in the community. The 0.53-acre lot provides ample space for potential expansion or outdoor seating, depending on the intended use. The asking price for this versatile property is $150,000. This represents a compelling investment opportunity for entrepreneurs and business owners looking to establish or expand their operations in a thriving Texas market. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers. Further details regarding the included equipment and the property's specifications are available upon request.

    Property Features for 950 Broadway St

    General Information

    Property type
    Industrial properties
    Square Feet
    1,626 SF
    Lot Size
    23,087 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Premont
    County
    Jim Wells
    State
    Texas
    Longitude
    -98.12469
    Latitude
    27.35165

    Nearby Comparable

    • $75,000
      5,631 SF

      Premont Main Street Commercial Building

      Prime Location, High-Visibility Investment
      Main St, Premont, TX 78375
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    • $100,000
      1,626 SF

      Premont Commercial Building For Sale

      Commercial building in Premont, Texas, suitable for restaurant or bar.
      950 S Broadway St, Premont, TX 78375
      View Details

    Nearby Similar for Sale

    • $100,000
      1,626 SF

      Premont Commercial Building For Sale

      Commercial building in Premont, Texas, suitable for restaurant or bar.
      950 S Broadway St, Premont, TX 78375
      View Details
    • $75,000
      5,631 SF

      Premont Main Street Commercial Building

      Prime Location, High-Visibility Investment
      Main St, Premont, TX 78375
      View Details

    FAQs

    What type of property is this?
    Industrial property - Prime Premont location, versatile industrial space.
    Where is this industrial property located?
    The property is located at 950 Broadway St Premont, TX.
    What is the asking price?
    The asking price for this property is $150,000.
    (361) 777-7653
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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
    950 Broadway St Premont, TX 78375
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