701 And Gatesville, TX 76528
This exceptional investment opportunity presents three income-generating office buildings situated on the historic downtown Gatesville square. Two buildings boast established, fully-leased tenants, providing immediate and consistent cash flow. The third building is vacant, offering flexibility for a new business or expansion of an existing operation. Recent renovations have significantly enhanced the properties, including fresh paint, new flooring, updated HVAC systems, and roof repairs. Each building is conveniently self-contained with its own private bathroom. One building is further distinguished by a historical marker, adding to its unique character and potential appeal. The recent construction of a new courthouse annex promises increased foot traffic and economic activity in the area, making this a prime location for business growth. The 0.06-acre lot provides ample space for the three buildings. This is a rare chance to acquire a portfolio of well-maintained, income-producing properties in a revitalizing downtown area. The asking price is $275,000. Don't miss this chance to secure a valuable piece of Gatesville's history and future.
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.