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    Texas Ave Mart, TX 76664

    For Sale
    $999,000

    Liquor Store & Huge Expansion Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property in Mart, Texas, presents a unique investment opportunity. Located on a prominent corner lot at the intersection of Tx-164 and E Texas Avenue, this two-story building boasts a total of 12,428 square feet. Currently housing an established liquor store occupying 3,047 square feet, the property offers significant upside potential with an additional 9,382 square feet of unfinished space. This expansive area is adaptable to a variety of uses, including retail or residential development, allowing for substantial income generation or expansion of the existing business. The building's historical character adds to its charm and appeal, while its convenient location just minutes from Waco ensures high visibility and accessibility. The 0.14-acre lot provides ample space for parking and potential future development. This is a rare chance to acquire a well-established business with significant expansion possibilities in a thriving area. The property's versatility makes it ideal for investors seeking a strong return on investment or entrepreneurs looking to establish a multi-faceted business. The existing liquor store provides immediate cash flow, while the substantial unfinished space offers limitless possibilities for growth and customization. Don't miss this chance to own a piece of Mart's vibrant commercial landscape. The asking price is $999,000.

    Property Features for Texas Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1905
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mart
    County
    McLennan
    State
    Texas
    Longitude
    -96.83352
    Latitude
    31.54204

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    FAQs

    What type of property is this?
    Commercial real estate - Liquor Store & Huge Expansion Potential
    Where is this commercial real estate located?
    The property is located at Texas Ave Mart, TX.
    What is the asking price?
    The asking price for this property is $999,000.
    (512) 960-3253
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    Texas Ave Mart, TX 76664
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    Mart, TX 76664
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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
    Texas Ave Mart, TX 76664
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