201 Central Ave Troy, TX 76579
This exceptional investment opportunity presents a 2,520 square foot mixed-use commercial property situated on I-35 in Troy, Texas. The single-story building, constructed in 1995, boasts a diverse portfolio of established tenants including Walgreens, CVS Pharmacy, Starbucks, AutoZone, Rite Aid, Aspen Dental, Verizon Wireless, Dutch Bros. Coffee, AT&T, and Little Caesars. Currently operating under month-to-month leases, this property offers significant upside potential for investors. The property also includes a vacant lot with existing utilities, presenting further development possibilities. This portfolio comprises three parcels (93017, 93016, and 453568) and is being sold as a single unit; the owner will not consider separate sales. The property's prime I-35 frontage ensures high visibility and accessibility, making it an attractive location for a variety of businesses. Owner financing options are available. The address is 201, 119, and 117 North Central Avenue, Troy, TX 76579. This is a rare chance to acquire a well-located, income-producing property with substantial growth potential in a thriving Texas market.
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.