1200 Veterans Blvd Palmview, TX 78572-7091
This exceptional 4,462 square foot mixed-use property in Palmview, Texas presents a unique investment opportunity. Situated on a sizable 0.7-acre lot with convenient access to Expressway 83, this property boasts two substantial homes. The first residence offers five bedrooms and four bathrooms, providing ample living space. The second home, equally impressive, includes four bedrooms and three bathrooms, ideal for multi-generational living or as a rental unit. The commercial zoning allows for diverse business applications, making this property suitable for a variety of ventures, from a live-work space to a small business operation. The property's location near Expressway 83 ensures high visibility and accessibility, enhancing its commercial potential. This versatile property offers significant long-term investment potential, combining residential comfort with lucrative commercial possibilities. The expansive lot size also presents opportunities for future development or expansion. This is a rare chance to acquire a property that seamlessly blends residential and commercial uses in a thriving Texas community. The combination of two well-maintained homes and the flexible commercial zoning makes this an attractive option for investors and entrepreneurs alike. Don't miss this chance to own a piece of Palmview's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CO · Palmview, TXPalmview. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.