514 Broadway St Elsa, TX 78543
This exceptional 1,600 square foot commercial building is situated in the heart of downtown Elsa, Texas. Located at 514 N Broadway Street, this property presents a significant opportunity for investors or business owners seeking a prime location for redevelopment. The building sits on a 0.06-acre lot and is currently priced at $130,000. While the property requires a complete rehabilitation, its central downtown location offers unparalleled potential. The building has been vacant for an extended period, providing a blank canvas for a wide range of commercial ventures. Its strategic position within Elsa's bustling downtown area ensures high visibility and accessibility. The seller is highly motivated to sell and is open to a cash transaction, making this an attractive proposition for buyers seeking a quick and efficient closing. This is a rare chance to acquire a substantial commercial property in a desirable location at a competitive price. Serious inquiries are encouraged to schedule a viewing and assess the full potential of this revitalization project. The property's size and location make it suitable for a variety of uses, subject to any necessary permits and approvals. Don't miss this chance to own a piece of Elsa's vibrant downtown.
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.