3945 Main Ave Groves, TX 77619
Sponsored
High-traffic retail property, value-add opportunity.
Property size:
13,616 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 3945 Main Ave
General Information
- Property type
- Automotive properties
- Square Feet
- 13,616 SF
- Lot Size
- 41,818 SF
Building Details
- Year Built
- 1973
- Buildings
- 2
- Stories
- 2
- Units
- 3
HighLights
- Value‑add opportunity in Groves, TX with two buildings totaling 13,616 square feet on a 0.96‑acre lot.
- Includes a 3,616 sq ft gas station/convenience store with restaurant tenant and a 10,000 sq ft office/retail building.
- High‑traffic location (7,803 cars/day) on Main & 39th Streets.
- Currently 25% occupied, generating $20,400 NOI, 3.71% cap rate, $550,000 asking price ($40.39/sq ft).
- Includes a 0.28‑acre lot with existing ground lease.
Property Profile
Location Intelligence
Current Use by Public Records
Gas stations
Location Insight
- Map
- Local Demand
- City
- Groves
- County
- Jefferson
- State
- Texas
- Longitude
- -93.919848935866
- Latitude
- 29.944936728246
Nearby Comparable
Nearby Similar for Sale
FAQs
What type of property is this?
Automotive property - High-traffic retail property, value-add opportunity.
Where is this automotive property located?
The property is located at 3945 Main Ave Groves, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Value-add opportunity in Groves, TX with two buildings totaling 13,616 square feet on a 0.96-acre lot.; Includes a 3,616 sq ft gas station/convenience store with restaurant tenant and a 10,000 sq ft office/retail building.; High-traffic location (7,803 cars/day) on Main & 39th Streets.
