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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

514 Rice St Falfurrias, TX 78355

Built 1983
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 514 W Rice in Falfurrias, Texas, presents a unique investment opportunity. The 8,959.856 square foot lot is situated on a highly visible corner lot on Falfurrias' main street, offering unparalleled exposure to significant foot and vehicle traffic. Built in 1983, this land is zoned for commercial use, providing a multitude of development possibilities for discerning investors. The property's prime location in Brooks County, Texas, zip code 78355, makes it an ideal site for a variety of retail ventures or commercial developments. Its strategic placement ensures easy access for customers and clients. The asking price is $60,250, representing a compelling value for a property with such high potential in a thriving Texas community. The property's versatility allows for a wide range of uses, making it an attractive investment for both established businesses and entrepreneurs seeking a strong foothold in a growing market. This is a rare opportunity to acquire a well-positioned commercial lot in a desirable location, offering significant potential for future growth and profitability. The coordinates for this property are latitude 27.2276063 and longitude -98.1503235. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1983
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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