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Property profile & analytics
OFF-MARKET
Commercial real estate

1905 Avenue R Hondo, TX 78861

6,192 SF 0.5 ac lot Built 1947
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 1905 Avenue R in Hondo, Texas, presents a unique investment opportunity. Situated on a half-acre lot, this 6,192 square foot building boasts a prime location, just half a block from US Highway 90, at the corner of Avenue R and 20th Street. The property is zoned for mixed-use, offering versatility for a wide range of commercial applications. The building itself is a Quonset Hut style structure, providing over 6,000 square feet of covered and enclosed workspace. Features include a small office area, plumbing already in place for a restroom, and multiple roll-up doors for convenient vehicle access. This makes it ideally suited for a mechanic shop, or any business requiring ample space for equipment and vehicles. The expansive lot provides extensive parking for vehicles, trailers, and equipment storage. Security is enhanced by a chain link fence surrounding the property, with a double gate providing secure street access. This property offers a blend of functionality, location, and potential, making it an attractive proposition for discerning investors and business owners. The asking price is $380,000.

Property profile
Verified
Property type Commercial real estate
Year built 1947
Total area 6,192 SF
Lot 0.5 ac (21,780 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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