Property profile

7705 La Homa Rd Palmview, TX 78574

OFF-MARKET
Commercial real estate
208,510 SF 4.79 ac lot Built 2004
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Property summary

AI-generated overview

This exceptional 208,510 square foot commercial property, situated on a generous 4.79-acre lot at 7705 N La Homa Road in Palmview, Texas, presents a compelling investment opportunity. Currently operating as a successful auto parts and salvage yard, the property boasts all necessary city permits, ensuring a smooth transition for new owners. The strategic location within a high-traffic area guarantees significant visibility and accessibility, making it ideal for a diverse range of commercial ventures. The expansive lot offers ample space for expansion, redevelopment, or the construction of a new facility tailored to specific business needs. This property is perfectly positioned to capitalize on the growing commercial landscape of Palmview. The existing infrastructure, coupled with the substantial land area, provides a solid foundation for immediate occupancy or ambitious future development plans. The asking price of $1,050,000 represents an attractive entry point into the thriving Palmview market. Don't miss this chance to acquire a prime commercial property with exceptional potential for growth and profitability. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Year built 2004
Total area 208,510 SF
Lot 4.79 ac (208,652 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7705 La Homa Rd Palmview, TX 78574
Palmview metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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