Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1706 W Cameron Ave Rockdale, TX 76567

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,200,000

    Exceptional investment opportunity with multiple income streams in Rockdale, TX.

    Lot size:
    0.49 Acres

    Property Features for 1706 W Cameron Ave

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.49 Acres

    Building Details

    Year built
    1974

    We can help!

    Listing Contact
    Judith Matula
    Source: Elliman

    Listing Agent: Judith Matula

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

    Learn more

    Overview

    Income-Producing Commercial Real Estate Portfolio

    This exceptional investment portfolio includes two apartment homes, a duplex, a fully equipped washateria, a dedicated storage area, and a standalone office building currently occupied by Security Finance. All properties are being offered together. Each structure has been well-maintained and is in excellent condition, offering immediate functionality and long-term stability. The properties provide a foundation for wealth building, retirement planning, or portfolio expansion. The apartment homes offer steady rental income potential. The duplex provides multi-tenant flexibility. The washateria offers a consistent cash-flow business. The storage area allows for additional revenue or operational use. The office building has an established commercial tenant. This portfolio offers financial stability and opportunity.
    Location Intelligence

    Current Use by Public Records

    Security Finance Loan Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockdale
    County
    Milam
    State
    Texas
    Longitude
    -97.0222693
    Latitude
    30.6465453

    Nearby Similar for Sale

    • $299,900
      9,735 SF

      Rockdale Commercial Space For Sale

      9,735 SF commercial space in downtown Rockdale, Texas.
      106 W Cameron Ave, Rockdale, TX 76567
      View Details
    • $150,000
      1,700 SF

      Rockdale Commercial Property For Sale

      Commercial property with highway frontage, suitable for office or retail.
      1916 W Cameron Ave, Rockdale, TX 76567
      View Details
    • Contact for pricing
      3,300 SF

      Cliff's Restaurant

      218 N Main St, Rockdale, Texas 76567
      218 N Main St # Rockdale Texas 76567, Rockdale, TX 76567
      View Details
    • Contact for pricing
      7,960 SF

      233 Ackerman St # Rockdale TX 76567

      233 Ackerman St, Rockdale, TX 76567
      233 Ackerman St # Rockdale TX 76567, Rockdale, TX 76567
      View Details
    • Contact for pricing
      4,198 SF

      Historic Texas Motel for Sale

      Charming 37-room motel on 4 acres
      915 Cameron Ave, Rockdale, TX 76567
      View Details
    • $499,000

      Prime Corner Lot in Rockdale

      0.6 acre corner lot in downtown Rockdale.
      313 W Cameron Ave, Rockdale, TX 76567
      View Details
    • Contact for pricing
      11,849 SF

      700 Dyer St # Rockdale Texas 76567

      700 Dyer St, Rockdale, Texas 76567
      700 Dyer St # Rockdale Texas 76567, Rockdale, TX 76567
      View Details
    • $569,000

      Remodeled Restaurant/Bar Opportunity

      Turn-key restaurant/bar in Rockdale, includes equipment and furnishings.
      239 N Main St, Rockdale, TX 76567
      View Details
    • $389,000

      Rockdale Tavern Opportunity For Sale

      Established tavern in downtown Rockdale with expansion potential.
      218 N Main St, Rockdale, TX 76567
      View Details
    • $450,000

      Metal Building with Auto Lift

      Commercial property featuring a metal building with auto lift.
      1608 W Cameron Ave, Rockdale, TX 76567
      View Details
    • $150,000
      1,700 SF

      Commercial Building on Highway 79

      Commercial building with warehouse space and highway frontage.
      1916 W Cameron Ave, Rockdale, TX 76567
      View Details
    • $590,000

      Restaurant Opportunity in Rockdale, Texas

      Restaurant with equipment in Rockdale, ready for reopening.
      101 SE Mulberry St, Rockdale, TX 76567
      View Details

    FAQs

    What type of property is this?
    Apartment building - Exceptional investment opportunity with multiple income streams in Rockdale, TX.
    Where is this apartment building located?
    The property is located at 1706 W Cameron Ave Rockdale, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Turnkey income-producing portfolio with multiple properties sold as a package.; - Includes two apartment homes, a duplex, a washateria, storage area, and an office building.; - Office building has an established commercial tenant (Security Finance).
    (512) 760-5440
    Request Owner's contact information
    1706 W Cameron Ave Rockdale, TX 76567
    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.
    1706 W Cameron Ave
    Rockdale, TX 76567
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1706 W Cameron Ave Rockdale, TX 76567
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Judith Matula
    Real Estate License ID: 0267943
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!