Property profile

7513 Expy 83 Palmview, TX 78572

OFF-MARKET
Commercial real estate
196 SF 0.43 ac lot Built 2008
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Property summary

AI-generated overview

This exceptional commercial property, located at 7513 W Expressway 83 Unit 83 in Palmview, Texas, presents a lucrative investment opportunity. Spanning 0.43 acres, the property boasts two separate buildings, each comprised of four functional bays, totaling 196 square feet. Currently configured as a thriving tire shop and mechanic shop, this established business offers immediate income potential and significant upside. The prime location on the frontage road of Expressway 83 ensures high visibility and easy accessibility for customers, maximizing exposure and attracting a substantial client base. The property's current operational setup demonstrates its suitability for a variety of commercial uses, making it an adaptable and versatile investment. The asking price of $470,000 represents a competitive entry point into the Palmview commercial real estate market, offering a strong return on investment. This turnkey operation is ready for immediate occupancy and presents a rare opportunity to acquire a well-established business with significant growth potential in a dynamic and expanding area. Don't miss this chance to secure a valuable asset in a high-demand location. The property's strategic positioning and existing infrastructure make it an ideal choice for both seasoned investors and entrepreneurs seeking to establish a presence in a thriving Texas market.

Property profile

Verified
Property type Commercial real estate
Year built 2008
Total area 196 SF
Lot 0.43 ac (18,731 SF)

Cap rate & NOI

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

Location

7513 Expy 83 Palmview, TX 78572
Palmview metro
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Value estimations

Realmo proprietary · 4 methods
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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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