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Property profile & analytics
OFF-MARKET
Commercial real estate

4Th St Hearne, TX 77859

0.07 ac lot Built 1890
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located in the heart of downtown Hearne, Texas, presents a rare opportunity for investors and entrepreneurs. Situated on a 0.07-acre lot at 4th Street, the building boasts a rich history, details of which can be found at the provided website link. The property's unique character offers significant potential for a variety of commercial uses, making it an ideal investment for those seeking a distinctive and established location. The building features a durable EPDM roof, complete with a 10-year warranty, of which 9 years remain. The square footage is not currently specified, however, the property's central location and historical significance make it a highly desirable asset. Its prime downtown position ensures high visibility and accessibility, attracting significant foot traffic and potential clientele. This is a chance to acquire a piece of Hearne's history and capitalize on its vibrant commercial landscape. The asking price is $499,000. Serious inquiries are encouraged to explore the possibilities this unique property offers. Further details regarding the building's interior and specific dimensions are available upon request. Don't miss this chance to own a piece of Hearne's downtown core.

Property profile
Verified
Property type Commercial real estate
Year built 1890
Lot 0.07 ac (3,049 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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