718 US 77, Schulenburg, TX 78956
2,895 SF building on 3.975 acres, prime for redevelopment.
- Added:
- May 23, 2022
- Days on Market:
- 1481
- Last Refresh:
- May 20 at 9:43 pm
Property Features for 718 US 77
General Information
- Standard status
- Active
- Size
- 2,895 SF
- Lot size
- 3.98 Acres
- Property subtype
- RETAIL
Listing agent Karen Mitchell (214) 558-8865
Listing office Hudson Peters Commercial (214) 558-8865
Listing date May 23, 2022
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Hudson Peters Commercial
HighLights
- Prime redevelopment opportunity on 3.975 acres.
- Excellent location near I‑10.
- Priced to sell at $695,000 (newly reduced).
- Potential for Drive‑Thru Restaurant.
- 2,895 SF building included.
- Huge pylon sign visible from Interstate 10.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.1k | $20.40 |
| − Vacancy | −$3.2k | −$1.12 |
| EGI | $55.8k | $19.28 |
| − OpEx | −$14.0k | −$4.82 |
| NOI | $41.9k | $14.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Schulenburg
- County
- Fayette
- State
- Texas
- Longitude
- -96.903
- Latitude
- 29.696
