Property profile

411 Concho Ave Sonora, TX 76950

OFF-MARKET
Commercial real estate
Property ID
US83-0300148
6,504 SF 0.32 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 411 S Concho Ave in Sonora, Texas (zip code 76950), presents a unique investment opportunity. The 6,504 square foot building sits on a 0.289-acre lot and is currently configured as a tavern. Its strategic location, just one street from Highway 277, offers excellent visibility and accessibility. The property boasts three large sliding doors, ideal for a variety of uses, including a welding or body shop, as suggested by its current configuration. The inclusion of an existing office space adds to its versatility. Sonora's location provides convenient access to major transportation routes. It's approximately three hours from San Antonio, Texas, one hour from the Mexican border via Highway 277, and five hours from El Paso, Texas, via Interstate-10. This presents significant advantages for businesses needing regional or cross-border connections. The asking price for this property is $83,000. This represents a compelling opportunity to acquire a well-situated commercial property with significant redevelopment potential in a growing Texas market. The property's size and existing infrastructure make it suitable for a range of commercial ventures. Its proximity to major highways ensures excellent connectivity and accessibility for both customers and employees. This is a rare chance to own a piece of Sonora's commercial landscape.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 6,504 SF
Lot 0.32 ac (14,000 SF)
APN 101226
UPID US83-0300148

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

411 Concho Ave Sonora, TX 76950-6404
Sonora metro Census 950300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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