Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1602 Avenue M Hondo, TX 78861

    For Sale
    $750,000

    Large corner lot, high-traffic downtown Hondo.

    Property size:
    7,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 7,500 square foot commercial building is ideally situated on a 0.4-acre corner lot at the intersection of Avenue M and 16th Street in the heart of Hondo's central business district. Its prominent location offers unparalleled visibility and accessibility, directly across from the Hondo City Offices, including the Police Department. The single-level structure boasts a versatile layout, perfect for a variety of commercial uses. The spacious interior includes ample showroom space, dedicated storage areas, multiple offices, restrooms, and a sizable shop area. The property provides convenient parking options in the front, side, and rear, ensuring ample space for customers and employees. This substantial property presents a rare opportunity to acquire a well-established commercial building in a thriving downtown location. The building's size and layout offer significant potential for expansion or adaptation to suit diverse business needs. Its prime location and high visibility make it an attractive investment for businesses seeking a strong presence in the Hondo community. The property's substantial size and versatile design offer a unique opportunity for a variety of commercial ventures. The ample parking further enhances its appeal and practicality. This is a turnkey opportunity to establish or expand a business in a highly visible and accessible location.

    Property Features for 1602 Avenue M

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,500 SF
    Lot Size
    17,424 SF

    Building Details

    Year Built
    1962
    Location Intelligence

    Current Use by Public Records

    Community Wealth Group Financial Planner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hondo
    County
    Medina
    State
    Texas
    Longitude
    -99.14211
    Latitude
    29.35001

    Nearby Similar for Sale

    • $1,500,000
      23,050 SF

      Hondo Commercial Property For Sale

      Versatile industrial property in Hondo, TX, near San Antonio.
      Hondo, TX 78861
      View Details
    • $1,500,000
      23,050 SF

      Hondo Industrial/Warehouse Opportunity

      4-acre industrial property with refrigerated warehouse and expansion potential.
      568 Carter, Hondo, TX 78861
      View Details
    • $130,000
      540 SF

      Updated Home with Fenced Lot

      Remodeled two-bedroom home with updated features on a flat lot.
      1510 12Th St, Hondo, TX 78861
      View Details
    • $828,000

      Medina County Home on Acreage

      Custom home on 20 acres suitable for cattle or horses.
      219 Private Road 568, Hondo, TX 78861
      View Details
    • $400,000

      Highway Frontage Investment Opportunity

      One-acre property with four homes and highway frontage.
      701 19Th St, Hondo, TX 78861
      View Details
    • $1,100,000

      Historic Armstrong Hotel For Sale

      Historic hotel in Hondo, Texas, with retail potential.
      1101 3, Hondo, TX 78861
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Large corner lot, high-traffic downtown Hondo.
    Where is this commercial real estate located?
    The property is located at 1602 Avenue M Hondo, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    (830) 426-4464
    Request Owner's contact information
    1602 Avenue M Hondo, TX 78861
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1602 Avenue M
    Hondo, TX 78861
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1602 Avenue M Hondo, TX 78861
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.