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    22263 Us-59 Queen City, TX 75572

    Sponsored
    For Sale
    $2,900,000

    Texas Highway 59 Retail Opportunity

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a thriving 6,000 square foot convenience store situated on a substantial 12-acre lot in Queen City, Texas. Located on the busy US Highway 59, this single-story building boasts 100% occupancy and operates under a NNN lease. The asking price is $2,900,000, translating to $483.33 per square foot. Currently configured as a successful convenience store, the property holds a liquor, beer, and wine license, adding significant revenue potential. Beyond the existing operation, there's ample space available for expansion, with potential uses including a tire shop and truck mechanic shop, catering to the high traffic volume of the highway location. The property's size and strategic location make it an ideal investment for those seeking a high-return, established business with significant growth potential. The property is offered as a single-tenancy retail investment, providing a stable income stream and the opportunity to capitalize on the existing business and future expansion possibilities. This turnkey operation is ready for a new owner to step in and continue its success. The property's 12-acre lot provides ample room for future development or expansion of existing services. All utilities are connected and operational. This is a rare opportunity to acquire a well-established, high-performing business in a prime location.

    Property Features for 22263 Us-59

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,000 SF
    Lot Size
    522,720 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 6,000 SF convenience store on a 12‑acre lot in Queen City, TX.
    • Located on US Highway 59 with 100% occupancy and a NNN lease.
    • Asking price: $2,900,000 ($483.33/SF).
    • Holds liquor, beer, and wine license; expansion potential (tire/mechanic shop).
    • Turnkey operation with significant growth potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Queen City
    County
    Cass
    State
    Texas
    Longitude
    -94.153232513121
    Latitude
    33.260206160253

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    FAQs

    What type of property is this?
    Individual retail property - Texas Highway 59 Retail Opportunity
    Where is this individual retail property located?
    The property is located at 22263 Us-59 Queen City, TX.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: 6,000 SF convenience store on a 12-acre lot in Queen City, TX.; Located on US Highway 59 with 100% occupancy and a NNN lease.; Asking price: $2,900,000 ($483.33/SF).
    Request Owner's contact information
    22263 Us-59 Queen City, TX 75572
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    Queen City, TX 75572
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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
    22263 Us-59 Queen City, TX 75572
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