10754 I-37 Mathis, TX 78368
This exceptional commercial property, located at 10754 I-37 in Mathis, Texas, 78368, presents a significant investment opportunity. The 8,600 square foot building sits on a spacious 5.3-acre lot, offering ample space for a variety of commercial uses. Built in 1985, the property boasts a prime highway location on Interstate 37, ensuring high visibility and accessibility for potential businesses. Previously utilized as an RV dealership, service center, and propane sales facility, the versatile layout includes office, retail, and shop areas, catering to diverse business needs. The asking price is $1,200,000, translating to $139.53 per square foot. The property is currently vacant, providing a blank canvas for a new owner to tailor the space to their specific requirements. Its strategic location in San Patricio County, Texas, offers access to a growing market and significant potential for future growth. This is an ideal opportunity for an investor seeking a substantial commercial property with high visibility and diverse usage potential. The property's size and location make it suitable for a range of businesses, from automotive repair shops and retail outlets to larger-scale operations. The ample acreage also allows for future expansion or development.
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.