1829 Tx-97 Pleasanton, TX 78064
- Mixed-use properties
- 6,575 SF
- 3.66 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 1829 Tx-97
- Lot size
- 3.66 lot acres
- Property size
- 6,575 SF
- Property type
- Mixed-use properties
Description
This exceptional investment opportunity presents a mixed-use portfolio in Pleasanton, Texas, encompassing three distinct properties totaling 6,575 square feet on a 3.66-acre corner lot. Strategically located on Highway 97, this property boasts impressive daily traffic counts of 9,500 vehicles, ensuring high visibility and accessibility. The portfolio includes a 1,500-square-foot retail building currently leased to a hair salon and cell phone business, a 3,575-square-foot metal building suitable for various service industries, and a 1,500-square-foot building previously used as a BBQ restaurant and currently utilized as a residence. Additionally, an established RV park with 28 hookups generates consistent rental income. The current occupancy rate stands at 60% across the 28 units. The asking price for the entire portfolio is $2,375,000, translating to $361.22 per square foot. While the seller prefers to sell all three lots together, separate sales may be considered. This property offers significant potential for growth and income, benefiting from its prime location and the ongoing development in the surrounding area. Owner financing is available, making this an attractive proposition for investors seeking a diversified income stream in a thriving Texas market. The property is classified as Class C and is located at 1829 TX-97, Pleasanton, TX 78064, in Atascosa County.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pleasanton
- County
- Atascosa
- State
- Texas
- Longitude
- -98.4698
- Latitude
- 28.9771
