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    508 W Hondo Ave Devine, TX 78016

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    For Sale
    $310,000

    Commercial building with three suites, currently all rented.

    Lot size:
    0.76 Acres

    Property Features for 508 W Hondo Ave

    General Information

    Lot size
    0.76 Acres

    Source: Morales Realty, LLC

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building in Devine

    This commercial building, known as The Bomba Building, is located on Highway 173 in Devine, next to Dairy Queen. The property features three suites, all of which are currently rented. The middle suite has been remodeled. The building sits on over 0.7 of an acre. This property is suitable for investors.
    Insight Report Location Intelligence

    Current Use by Public Records

    South Texas Siding Siding Contractor Devine Wellness Studio Personal Trainer Top Notch Cleaners Dry Cleaner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Devine
    County
    Medina
    State
    Texas
    Longitude
    -98.910577
    Latitude
    29.1433617

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    FAQs

    What type of property is this?
    Storefront property - Commercial building with three suites, currently all rented.
    Where is this storefront property located?
    The property is located at 508 W Hondo Ave Devine, TX.
    What is the asking price?
    The asking price for this property is $310,000.
    What are key features of this property?
    This property features: - Located in the heart of Devine on Hwy 173.; - Currently fully rented with 3 suites.; - Sits on over 0.7 of an acre.
    (210) 218-6530
    Request Owner's contact information
    508 W Hondo Ave Devine, TX 78016
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    Devine, TX 78016
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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
    508 W Hondo Ave Devine, TX 78016
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