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Property profile & analytics
OFF-MARKET
Commercial real estate

3Rd St Nixon, TX 78140

0.48 ac lot Built 1980
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at W 3rd Street Unit 120 in Nixon, Texas, presents a remarkable investment opportunity. Spanning a sizable 0.48-acre lot, the recently remodeled building is ideally suited for a diverse range of businesses. The interior boasts a well-designed layout featuring a bar, a spacious open area perfect for events or customer seating, and a dedicated area for live music performances. Conveniently included are a manager's office, separate restrooms for men and women, and ample storage space. The exterior offers significant potential, with room for a BBQ area and additional parking to accommodate customers and staff. The building's versatility makes it suitable for various uses, including restaurants, general businesses, medical offices, retail establishments, or even light manufacturing. While the existing equipment is not included in the sale price of $295,000, it is available for separate purchase. Note that a separate portable building, currently housing a coffee shop, is not part of this sale. This property's prime location and adaptable design make it an attractive investment with significant upside potential. The building's recent remodel ensures immediate occupancy and operational readiness. Don't miss this chance to acquire a thriving commercial space in a growing Texas community.

Property profile
Verified
Property type Commercial real estate
Year built 1980
Lot 0.48 ac (20,909 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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