300 Rt. 66 Adrian, TX 79001
This exceptional 1,800 square foot mixed-use property, situated on a spacious 1.9-acre lot in Adrian, Texas, presents a unique investment opportunity. Located directly on historic U.S. Route 66 at 300 U.S. Rt. 66, 79001, this building offers a blend of commercial and potential residential uses. The single-story structure, renovated in 2017, is currently configured for a restaurant or similar business, providing ample interior seating for customers. The expansive lot size offers significant potential for expansion, including the addition of RV parking or outdoor seating areas, capitalizing on the property's prime location along the iconic Route 66. The property is zoned LC and offers 100% ownership. Partial owner financing is available up to 50%. This property's combination of established commercial space and significant development potential makes it an attractive investment for those seeking a piece of Route 66 history with strong future prospects. The asking price is $115,000, translating to $63.89 per square foot. This represents a compelling opportunity to acquire a well-maintained property in a desirable location with significant upside potential.
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
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.