106 4Th St Justin, TX 76247
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.
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JP & Associates Realtors Real Estate Agency
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.