671 Hondo Ave Devine, TX 78016
This exceptional 0.677-acre commercial land tract presents a unique investment opportunity in Devine, Texas. Located at 671 E Hondo Ave, this property boasts a prime location, situated just off Interstate 35 South on E Hondo Ave/Highway 173, and east of Highway 132. Its strategic placement offers unparalleled visibility and accessibility, placing it within close proximity to a thriving commercial hub. The land is approximately 500 feet from the IH-35 intersection, ensuring high traffic volume and exposure to a large customer base. Neighboring businesses include a Walmart Supercenter, a convenience store with a Chevron gas station and McDonald's, a Sonic Drive-in, and the Triple C Restaurant, all contributing to a robust and growing retail environment. The property is zoned for Class H Business Commercial District within the City of Devine, offering flexibility for a variety of commercial uses. The asking price is $353,881.44, translating to a land value of $12 per square foot. This represents a compelling investment opportunity in a rapidly developing area with significant potential for future growth and return. The property's proximity to major retailers and high traffic counts makes it an ideal location for a variety of commercial ventures.
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
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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.