1101 St Marys St Falfurrias, TX 78355
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.
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
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.