621 E 1St St, Hereford, TX 79045
For Sale
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This 4,461 square foot commercial building is situated on a 0.29-acre lot at 621 E 1st Street in Hereford, Texas. Its prime location directly off Highway 60 ensures high visibility and accessibility, making it ideal for a variety of businesses seeking to expand their reach and revenue. The property offers ample space for a wide range of commercial uses, providing significant potential for growth and profitability. The building's size and strategic location present a unique opportunity for entrepreneurs and established businesses alike. This property is priced competitively at $480,000, representing a strong value proposition in the current market. Given its prominent location and substantial square footage, this commercial property is poised for success and represents a compelling investment opportunity in a thriving Texas community. The property's convenient highway access ensures easy commutes for employees and customers, further enhancing its appeal. Serious inquiries are encouraged to explore the possibilities this exceptional commercial space offers. Don't miss this chance to secure a prime location for your business venture in Hereford, Texas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.