809 Main St Ralls, TX 79357
This exceptional 1,600 square foot retail property, situated on a 0.15-acre lot at 809 Main Street in Ralls, Texas, presents a remarkable investment opportunity. Currently configured as a food establishment, this versatile building boasts a wealth of recent improvements, ensuring immediate operational readiness. The extensive renovations include a newly coated roof, a fresh fence and gate, a comprehensive security system, and updated ceiling tiles throughout. Further enhancements encompass a new water heater, stucco exterior on both the front and rear, newly coated floors, fresh interior and exterior paint, modernized plumbing and electrical systems, upgraded lighting, a completely renovated restroom, a renovated kitchen, and attractive landscaping. The building offers a functional layout with a 1,360 square foot first floor and a 240 square foot second floor, providing ample space for diverse uses. Its strategic location within a strip center on the town square offers high visibility and accessibility. The property's proximity to the Ralls Public Library, the Ralls Historical Museum, the Ralls Community Center, and municipal offices ensures a steady flow of potential customers. This property is ideally suited for pre-qualified or cash buyers seeking a turn-key commercial space in a thriving community. The asking price is $35,000.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.