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Property profile & analytics
OFF-MARKET
Commercial real estate

403 Main St Louise, TX 77455

0.31 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 403 Main Street Unit 403 in Louise, Texas, presents a unique investment opportunity. Situated on a 0.31-acre lot, the approximately 1500 square foot building offers remarkable versatility. Currently operating as a daycare center, its adaptable layout makes it suitable for a wide range of uses. Imagine transforming it into a comfortable residential space, capitalizing on its existing amenities. Alternatively, its spacious interior and convenient location make it an excellent candidate for a small-scale event venue, perfect for weddings, showers, or business meetings. Entrepreneurs seeking a small business office will appreciate the existing infrastructure. The building features a fully equipped kitchen, separate men's and women's restrooms (each with two stalls and a lavatory), and a large, covered concrete area ideal for outdoor activities or additional storage. The interior comprises two smaller flexible rooms and one expansive open area, providing ample space for customization. Its prime location, just a short distance from Louise ISD, ensures high visibility and accessibility. This property offers a compelling blend of functionality, convenience, and potential, making it an attractive proposition for discerning investors and business owners alike. The asking price is $145,000.

Property profile
Verified
Property type Commercial real estate
Lot 0.31 ac (13,504 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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