909 Us-287 Grapeland, TX 75844
- Retail properties
- 1,200 SF
- 0.33 lot acres
Current Use by Public Records
- Retail properties
Property Details for 909 Us-287
- Year built
- 2007
- Lot size
- 0.33 lot acres
- Property size
- 1,200 SF
- Property type
- Retail properties
Description
This exceptional retail property, located at 909 US-287 in Grapeland, Texas, presents a compelling investment opportunity. The 1,200 square foot building, constructed in 2007, sits on a 0.33-acre lot and is currently occupied by a Subway franchise, providing a stable income stream. The property boasts high visibility and easy access from Highway 287, ensuring significant foot and vehicle traffic. Ample parking is available for customers and employees, enhancing convenience and accessibility. Its strategic location is further strengthened by its proximity to established businesses such as Prosperity Bank and Dollar General, creating a synergistic retail environment and attracting a consistent customer base. The asking price for this turnkey retail investment is $355,392. The property's strong tenant, prime location, and convenient amenities make it an ideal acquisition for investors seeking a stable, high-return investment in a thriving Texas community. The building's 2007 construction suggests a relatively modern structure with potentially lower maintenance costs. The 0.33-acre lot provides ample space for potential expansion or future development, offering further investment potential. This property offers a rare opportunity to acquire a well-located, income-producing retail asset in a growing market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grapeland
- County
- Houston
- State
- Texas
- Longitude
- -95.4763
- Latitude
- 31.5046
