305 Norton Ave Freer, TX 78357
This 3,017 square foot industrial property, situated at 305 S Norton Avenue in Freer, Texas, presents a unique investment opportunity. Located on a busy, high-traffic street, this property is perfectly positioned for a variety of business ventures or could be subdivided into suites. The building sits on a 0.16-acre lot, offering ample space for operations and potential expansion. The property is being sold "as is," reflecting its current condition. It's important to note that the sale of this property is contingent upon receiving approval from the bankruptcy court. Interested parties should be prepared to submit an offer or contract, at which point further details regarding the bankruptcy proceedings will be provided. This presents a chance to acquire a strategically located industrial space at a significantly reduced price, but prospective buyers should be aware of the conditions of sale and the necessary court approvals. The property's prime location and substantial square footage make it a compelling prospect for entrepreneurs and investors alike, despite the need for court approval. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.