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Property profile & analytics
OFF-MARKET
Office Spaces

1101 St Marys St Falfurrias, TX 78355

8,694 SF Built 2005
Property ID
Property summary
AI-generated overview

This exceptional 8,694 square foot commercial property in Falfurrias, Texas, presents a unique investment opportunity. Located at 1101 S St. Marys, the building boasts two distinct and fully functional spaces, offering unparalleled flexibility for a variety of uses. One side is a beautifully renovated event center, perfectly suited for weddings, corporate gatherings, or private parties. This area includes a fully equipped kitchen, multiple restrooms, and a dedicated stage, ensuring a seamless and enjoyable experience for any event. The other half of the property comprises a professional office space, featuring eight private offices, a spacious reception area, and convenient restrooms. This section is ideal for a variety of businesses seeking a comfortable and functional workspace. The property also includes a pleasant back patio area, perfect for outdoor gatherings or breaks, and ample parking is available at the rear of the building. With its prime location and versatile layout, this property offers significant potential for substantial returns. The asking price is $389,000. This is a rare opportunity to acquire a property with dual income streams and significant upside potential in a thriving Texas community. Don't miss out on this exceptional offering.

Property profile
Verified
Property type Office Spaces
Year built 2005
Total area 8,694 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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