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Property profile & analytics
OFF-MARKET
Commercial real estate

12Th St Hempstead, TX 77445

0.22 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 0.22 ac (9,583 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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