305 Eighth St Hico, TX 76457
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 305 Eighth St
- Year built
- 1900
- Lot size
- 1.03 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.03-acre commercial property located at 305 Eighth Street in Hico, Texas, presents a unique investment opportunity. The land is ideally suited for a diverse range of business ventures, offering ample space for development and immediate utility. The property includes existing structures, enhancing its practicality and potential return on investment. Specifically, there is a metal storage barn and a separate wooden storage building, providing immediate storage solutions. Essential utilities are already in place, with readily available electricity and water connections. This eliminates significant upfront costs and allows for a quicker start to operations. The location in Hico, Texas, offers access to a growing community and potential customer base. The property's versatility makes it suitable for various commercial uses, from light industrial to retail, or even as a base for a service-oriented business. The existing storage structures could be repurposed or expanded upon, depending on the chosen business model. This is a rare opportunity to acquire a well-situated, ready-to-use commercial property in a desirable Texas town. The combination of land size, existing structures, and utility access makes this an attractive proposition for entrepreneurs and investors alike. Serious inquiries are encouraged to explore the full potential of this exceptional property. The asking price is $199,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hico
- County
- Hamilton
- State
- Texas
- Longitude
- -98.0251
- Latitude
- 31.9912
