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    1889 Fm 1999 Karnack, TX 75661

    For Sale
    $375,000

    Remodeled Store, Gas, Corner Lot

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property, situated at 1889 FM 1999 in Karnack, Texas, presents a unique investment opportunity. Priced at $375,000, this remodeled convenience store boasts a highly desirable corner lot location, offering excellent visibility and accessibility for customers. The building includes an eat-in area, providing additional space for customers to enjoy their purchases. The property's existing infrastructure includes basic supplies and gas services, establishing a foundation for immediate operation or expansion. The one-acre lot provides ample space for potential future development or expansion of the existing business. The property's prime location in Karnack, Texas, offers access to a local customer base and presents significant potential for growth and profitability. This turnkey operation is ideal for an entrepreneur seeking a well-established business with immediate revenue potential or an investor looking for a strong return on investment in a thriving community. The remodeled interior offers a clean and modern aesthetic, ready for immediate occupancy. The convenience store's existing infrastructure and equipment provide a solid base for continued operation and potential expansion. The property's corner location on FM 1999 ensures high visibility and easy access for customers. This is a rare opportunity to acquire a profitable commercial property in a growing market. Serious inquiries are encouraged.

    Property Features for 1889 Fm 1999

    General Information

    Property type
    Other commercial real estate
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1984
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Zaap Country Kitchen Restaurant Zaap Country Store Gas Station

    Suggested Use

    Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Karnack
    County
    Harrison
    State
    Texas
    Longitude
    -94.10481
    Latitude
    32.60474

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    FAQs

    What type of property is this?
    Commercial real estate - Remodeled Store, Gas, Corner Lot
    Where is this commercial real estate located?
    The property is located at 1889 Fm 1999 Karnack, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    (903) 938-2632
    Request Owner's contact information
    1889 Fm 1999 Karnack, TX 75661
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    Karnack, TX 75661
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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
    1889 Fm 1999 Karnack, TX 75661
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