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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

106 4Th St Justin, TX 76247

2,600 SF Built 1930
Property ID
Property summary
AI-generated overview

This exceptional 2,600-square-foot storefront, located at 106 W 4th St in Justin, Texas, presents a unique investment opportunity. Built in 1930, this two-story Class C building boasts a rich history, having previously served as the town's bank—a detail evidenced by the still-intact bank vault door on the ground floor. Currently, the ground floor is configured as office space (50% occupancy), while the upper level functions as a residential apartment. However, the permitted zoning allows for both commercial and residential uses, offering considerable flexibility for future development. The building features large front windows, providing excellent natural light and street visibility. Convenient on-site parking is available directly in front of the building, and the property enjoys easy access to FM 156, ensuring high visibility and convenient access for customers and employees. The property's versatile layout, combined with its prime location in historic downtown Justin, makes it ideal for a variety of retail or office uses. The existing office space on the ground floor could be easily expanded by converting the upstairs apartment, significantly increasing the usable square footage. This property offers a blend of historical charm and modern adaptability, making it a compelling investment in a growing Texas town. The Denton County location provides access to a thriving community and offers significant potential for future growth and appreciation.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1930
Total area 2,600 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
Current use
Occupant on record · Public records
  • JP & Associates Realtors Real Estate Agency
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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