Property profile

730 Main St Utopia, TX 78884

OFF-MARKET
Commercial real estate
896 SF 1.17 ac lot Built 1960
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Property summary

AI-generated overview

This exceptional commercial property at 730 Main Street in Utopia, Texas, presents a rare investment opportunity. The 896-square-foot office building sits on a 0.56-acre lot and includes an adjacent, unimproved 0.61-acre lot behind it. Both lots are separately surveyed, with an easement providing access to the rear lot across the south end of the front lot. Currently leased until the end of the year, the office boasts modern amenities including Bandera Electric service, central air conditioning, city water, a septic system, a propane tank, a shallow well, and high-speed fiber optic internet access. Importantly, there are no restrictive covenants on the property. A virtual tour is available to view the office's interior. This offering is a unique chance to acquire a substantial commercial property in a desirable location. The property is being sold as a whole

Property profile

Verified
Property type Commercial real estate
Year built 1960
Total area 896 SF
Lot 1.17 ac (50,965 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency

Location

730 Main St Utopia, TX 78884
Utopia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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