403 Main St Louise, TX 77455
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.
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.