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    1205 Us-83 Zapata, TX 78076

    For Sale
    $4,415,961

    Zapata, TX: High-Credit Tenant, Strong ROI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional investment opportunity presents a fee-simple ownership of a CVS Pharmacy located at 1205 US-83, Zapata, TX 78076. The property features a single-tenant, absolute net lease with a credit-rated tenant, ensuring minimal landlord responsibilities. The current lease, expiring in 2045, provides long-term stability and a strong cash flow. The property boasts a 5.00% cap rate and a Net Operating Income (NOI) of $220,572, making it an attractive proposition for investors. An assumable, 3.86% fixed-rate, fully amortizing loan matures in November 2041, offering flexibility to the buyer. Alternatively, the property can be purchased free and clear of debt. The tenant, CVS Pharmacy, holds a strong investment-grade credit rating (S&P: BBB). This property is ideally suited for a 1031 exchange, with potential tax benefits including annual depreciation, interest expense deductions, and accelerated depreciation via a cost segregation study. Texas's tax-free status further enhances the investment's appeal. The property is 100% occupied and represents a zero cash flow investment. This is a rare opportunity to acquire a high-quality, low-maintenance retail investment in a stable market.

    Property Features for 1205 Us-83

    General Information

    Property type
    Individual retail properties

    HighLights

    • Single‑tenant, investment‑grade CVS Health property.
    • Absolute net lease with no landlord responsibilities for roof or structure.
    • 3.86% fixed‑rate, fully amortizing loan maturing November 2041.
    • S&P BBB‑rated tenant with long‑term lease expiring 2045.
    • Ideal 1031 exchange opportunity with loan allowing for paydown/readvance.
    • Significant tax benefits including depreciation and interest expense deductions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Drug stores

    Map

    City
    Zapata
    County
    Zapata
    State
    Texas
    Longitude
    -99.271431384334
    Latitude
    26.907018726039

    Nearby Comparable

    • $300,000
      21,000.00 Acres

      Zapata County Commercial Land

      Prime 21,000-acre Texas commercial tract.
      2002 Us-83, Zapata, TX 78076
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    • $40,000
      0.66 Acres

      Zapata Commercial Land - Prime Location

      0.66-acre commercial lot, excellent investment.
      278 Lozano Rd, Zapata, TX 78076
      View Details

    Nearby Similar for Sale

    • $540,000
      120.00 Acres

      120 Acre South Texas Ranch

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    FAQs

    What type of property is this?
    Individual retail property - Zapata, TX: High-Credit Tenant, Strong ROI
    Where is this individual retail property located?
    The property is located at 1205 Us-83 Zapata, TX.
    What is the asking price?
    The asking price for this property is $4,415,961.
    What are key features of this property?
    This property features: Single-tenant, investment-grade CVS Health property.; Absolute net lease with no landlord responsibilities for roof or structure.; 3.86% fixed-rate, fully amortizing loan maturing November 2041.
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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
    1205 Us-83 Zapata, TX 78076
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