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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

201 Central Ave Troy, TX 76579

2,520 SF Built 1995
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1995
Total area 2,520 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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