501 Broadway Ave Portland, TX 78374
This exceptional 0.06-acre commercial lot, located at 501 W Broadway Ave in Portland, TX, presents a unique investment opportunity. The property boasts 2723 square feet and benefits from a highly desirable location on US Highway 181, providing unparalleled visibility and accessibility. Situated on the southbound access road between Wildcat and Moore Avenues, the lot enjoys maximum exposure to significant daily traffic. Its strategic placement offers frontage on both West Broadway and Houston Streets, ensuring convenient access for customers. The property is zoned for Real Commercial use, making it suitable for a diverse range of businesses, including food trucks, retail establishments, and drive-thru operations. The dual-use zoning adds further flexibility and potential for various commercial ventures. This prime location in a bustling commercial corridor offers significant potential for growth and return on investment. The property is also available for lease. This is a rare opportunity to establish a thriving business in a highly sought-after area.
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
Similar Nearby for Lease
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.