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    OFF-MARKET
    Land

    1507 Bolton St, Jacksonville, TX 75766

    4,525 SF 5.41 ac lot Built 1993
    Property ID
    Property summary
    AI-generated overview

    This exceptional Jacksonville, TX commercial property presents a compelling investment opportunity, encompassing 5.41 acres and offering immediate income and future development potential. The property features a fully leased 3,600 square foot metal storage building containing fifteen units (ten 12'x24' and five 6'x24') situated on 2.21 acres of commercially zoned land. This section boasts significant street frontage on S Bolton St, ensuring high visibility and convenient tenant access. Additionally, a 1,400 square foot, two-bedroom, one-bathroom rental home, situated on a separate one-acre residential lot, provides consistent rental income until August 1, 2025. The remaining 2.2 acres of undeveloped commercial land offer significant potential for future expansion or development, also benefiting from substantial highway frontage on S Bolton St. The entire 5.41-acre property is offered at $495,000, with the possibility of separate sales for the income-producing components and the development land. The property's current net operating income (NOI) is $24,300. Built in 1993, this Class C property is currently 100% occupied and zoned G-Commercial. This is an ideal investment for those seeking immediate returns coupled with long-term growth opportunities.

    Property profile
    Verified
    Property type Land
    Year built 1993
    Total area 4,525 SF
    Lot 5.41 ac (235,660 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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