5843 Us-83 Ovalo, TX 79541
This exceptional 3,976 square foot office building presents a remarkable investment opportunity in Ovalo, Texas. Strategically located on a 0.25-acre lot at the corner of US-83 and Highway 36, this property boasts exceptional visibility and accessibility. Currently configured to accommodate a variety of uses, the building features a large open area, ideal for a main gathering space or large office area, along with several additional rooms suitable for classrooms, childcare facilities, or individual offices. The existing setup includes two fully functional bathrooms and two additional plumbed bathrooms ready for completion. The building is equipped with central heating and air conditioning, a durable metal roof, and a separate storage building, adding to its functionality and value. All furniture is negotiable, making this a turnkey solution for a church seeking expansion, a daycare center, or any business requiring ample space and high visibility. The property sits on three combined lots, offering ample room for expansion or future development. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable location. The asking price is $169,000.
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.