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    401 Main St Van, TX 75790

    For Sale
    $975,000

    High-traffic corner lot, retail opportunity.

    Property size:
    2,270 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 1.39-acre retail property in Van, Texas, presents a unique investment opportunity. Strategically located on a corner lot with convenient access to Interstate 20 via S Oak Street (just one mile away), this site boasts high visibility and significant traffic flow. The property consists of six parcels and five existing buildings, offering immediate income potential and future development possibilities. Currently, buildings at 425 and 427 W Main Street are leased, generating consistent revenue. Buildings at 119, 401, and 403 W Main Street are vacant, providing flexibility for new tenants or redevelopment projects. The total square footage is 2,270 square feet. The property's general commercial zoning allows for a wide range of uses, making it ideal for various retail concepts. The high demand for convenience stores in the area makes this location particularly attractive for such a development. This property is priced at $975,000 and offers a compelling blend of existing income and future growth potential. The location's proximity to I-20 ensures excellent accessibility and exposure to a large customer base. This is a rare opportunity to acquire a well-positioned retail property in a growing Texas market.

    Property Features for 401 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    2,270 SF
    Lot Size
    60,548 SF

    Building Details

    Year Built
    1955
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The shack Coffee Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Van
    County
    Van Zandt
    State
    Texas
    Longitude
    -95.64188
    Latitude
    32.52387

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    FAQs

    What type of property is this?
    Retail property - High-traffic corner lot, retail opportunity.
    Where is this retail property located?
    The property is located at 401 Main St Van, TX.
    What is the asking price?
    The asking price for this property is $975,000.
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    401 Main St Van, TX 75790
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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
    401 Main St Van, TX 75790
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