Property profile

213 Tx-123 Karnes City, TX 78118

OFF-MARKET
Retail properties & Spaces
1,780 SF Built 2017
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Property summary

AI-generated overview

This exceptional 1,780-square-foot retail property, built in 2017, presents a lucrative investment opportunity in the thriving Karnes City, Texas market. Located at 213 TX-123, zip code 78118, this single-unit building boasts a versatile layout suitable for a variety of commercial uses, currently operating as a successful Sonic Drive-In. The property's convenient location offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong returns. The asking price is $650,000. The building's modern construction and well-maintained condition minimize immediate capital expenditures, allowing for a swift return on investment. This turnkey operation is ideal for an experienced entrepreneur seeking a profitable existing business or an investor looking for a stable, income-generating asset in a growing Texas market. The property is situated in Karnes County and offers a unique blend of restaurant and convenience store functionality, catering to a diverse customer base. This presents a rare chance to acquire a well-established business in a desirable location with significant growth potential. The property's size and layout provide ample space for operations and potential expansion. Serious inquiries are encouraged to explore this exceptional opportunity further.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2017
Total area 1,780 SF

Cap rate & NOI

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

Location

213 Tx-123 Karnes City, TX 78118
Karnes City metro
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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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