Property profile

4397 Hwy Reno, TX 76082

OFF-MARKET
Retail properties & Spaces
3,696 SF 0.94 ac lot Built 1995
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Property summary

AI-generated overview

This exceptional retail property, located at 4397 E Highway 199 in Reno, Texas, offers a unique investment opportunity. Situated at a busy four-way intersection in the rapidly growing Springtown area, this nearly one-acre property boasts significant road frontage: 130 feet on the highway and over 300 feet on a county road, ensuring maximum visibility and accessibility for any business. The 3,696 square foot building, currently used as a church but previously a restaurant, presents a blank canvas for a variety of commercial ventures. The property's history demonstrates its adaptability and suitability for diverse uses. While some repairs are needed, the solid structure and prime location make this a compelling investment. The high traffic count of over 30,000 vehicles per day underscores the significant potential for customer reach. The property comprises two parcels, providing ample space for parking, expansion, or future development. This is a rare chance to acquire a well-positioned commercial property in a thriving area with high visibility and substantial traffic flow. The combination of size, location, and accessibility makes this a truly remarkable opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1995
Total area 3,696 SF
Lot 0.94 ac (40,946 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4397 Hwy Reno, TX 76082
Reno metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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