12Th St Hempstead, TX 77445
This exceptional 6,573 square foot commercial property presents a unique investment opportunity in the heart of Hempstead, Texas. Located just one block from the downtown area, this former hardware store enjoys unparalleled visibility with 98 feet of street frontage on 12th Street. Its convenient location offers easy access to City Hall, the Post Office, and the Courthouse, ensuring high foot traffic and excellent accessibility for customers and employees. The spacious interior offers multiple front door options, providing flexibility for a variety of business configurations, whether a single large space or several smaller shops. A convenient loading dock equipped with a roll-up door facilitates efficient loading and unloading of goods. The property sits on a 0.22-acre lot, offering ample space for potential expansion or outdoor activities. Benefit from Hempstead's designation as an Opportunity Zone, unlocking potential tax advantages. This versatile property is ready for immediate occupancy and represents a compelling investment in a thriving Texas community. The building's substantial size and prime location make it ideal for a wide range of commercial uses, offering significant potential for growth and return on investment. Don't miss this chance to establish your business in a highly visible and accessible location within a dynamic community. The asking price is $495,000.
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.