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    1602 Avenue M Dunlay, TX 78861

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    For Sale
    $650,000

    Large commercial building in Hondo's central business district.

    Lot size:
    0.40 Acres

    Property Features for 1602 Avenue M

    General Information

    Lot size
    0.40 Acres

    Building Details

    Year built
    1962

    Source: Long Properties

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

    Overview

    Downtown Hondo Commercial Building For Sale

    This is a large, single-level commercial building located on the corner of Avenue M and 16th Street in downtown Hondo, within the central business district. The property is situated directly across from the city offices of Hondo, including the police department. The building encompasses over 7500 square feet and features showrooms, storage areas, offices, restrooms, and a shop area. Parking is available in the front, side, and rear of the building.
    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
    Dunlay
    County
    Medina
    State
    Texas
    Longitude
    -99.1421931
    Latitude
    29.3499933

    Nearby Similar for Sale

    • $199,900

      Hondo, TX Specialty Property

      Specialty property for sale in Hondo, Texas.
      1602 Avenue U, Dunlay, TX 78861
      View Details

    FAQs

    What type of property is this?
    Showroom - Large commercial building in Hondo's central business district.
    Where is this showroom located?
    The property is located at 1602 Avenue M Dunlay, TX.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Large 7500+ sq ft single-level commercial building; - Prime corner location in Hondo's Central Business District; - Directly across from Hondo City Offices (Police Department)
    (830) 426-6102
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    1602 Avenue M Dunlay, TX 78861
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    Dunlay, TX 78861
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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
    1602 Avenue M Dunlay, TX 78861
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