623 Front St Mathis, TX 78368
This exceptional 3,160 square foot industrial building presents a remarkable investment opportunity in the thriving Mathis business district. Situated on a 0.3-acre lot at the highly visible corner of North Front Street and West Magnolia Street, this property boasts excellent accessibility and ample parking. The building itself features three generously sized bays, ideal for various industrial uses, complemented by substantial storage space. Recent improvements include a new metal roof installed approximately one year ago, enhancing durability and longevity. The interior has been refreshed with a fresh coat of paint in the office, break room, and bathroom areas. These updated spaces offer a comfortable and functional workspace. A small kitchenette adds convenience, and a dedicated bathroom ensures employee comfort. The property is secured by a chain link fence, providing peace of mind. The City of Mathis has designated this area for business use, opening doors to a wide range of potential applications. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a growing Texas market. Don't miss this chance to establish your business in a vibrant and expanding community.
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.