713 Chandler St Blanco, TX 78606
This exceptional 3,793 square foot mixed-use commercial building, located at 713 Chandler Street in Blanco, Texas, presents a unique investment opportunity. Built in the 1940s, the property boasts concrete and CMU construction and is currently gutted, providing a blank canvas for a variety of uses. The asking price is $875,000, translating to $230.69 per square foot. Situated on the highly visible northwest corner of Blanco Avenue and Chandler Street, this property benefits from excellent street exposure. A pending site plan allows for mixed-use development, including possibilities such as a coffee shop/restaurant, office space, and multiple Airbnb cabins. This versatile property is ideal for both owner-occupants seeking to establish their business and investors looking for a strong return. The property is located in the rapidly growing town of Blanco, Texas, zip code 78606, in Blanco County. The building's adaptable nature and prime location make it an attractive prospect for a wide range of commercial ventures. Don't miss this chance to acquire a substantial commercial property in a thriving Texas town.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.