1905 Avenue R Hondo, TX 78861
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.
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.