Current Use by Public Records
- Warehouses
Property Details for 6815 Us Hwy Business 281 Hwy
- Year built
- 1985
- Lot size
- 1.18 lot acres
- Property type
- Warehouses
- Property subtype
- Retail properties & Spaces
Description
This exceptional 1.18-acre commercial property in Encino, Texas, presents a unique investment opportunity. Located on US Highway Business 281 and Old Highway 83, it boasts significant expressway frontage. The property includes a 4,222 square foot building, previously a gas station, with underground tanks removed. The existing canopy remains. The building features approximately three-year-old air conditioning units and newer carpeting. This versatile property is suitable for a variety of commercial uses, including retail, office, restaurant, or warehouse space. Its prime location and highway visibility offer excellent potential for high traffic and strong returns. The property is being offered at $150,000, with owner financing available. The financing terms include a 20% down payment, a 20-year amortization schedule, a 5-year balloon payment, and an 8% interest rate. Alternatively, a lease option is available at $2,500 per month. The property's location in Brooks County, Texas, zip code 78353, offers easy access to major transportation routes and a growing community. This is a rare opportunity to acquire a well-located commercial property with significant upside potential. The year the building was constructed is 1985.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Encino
- County
- Brooks
- State
- Texas
- Longitude
- -98.1352
- Latitude
- 26.9024
