842 Grant St Roma, TX 78584
This 0.401-acre commercial property in Roma, Texas, is offered at $350,000. The 17,491 sq ft lot boasts 160 feet of frontage on US Hwy 83, providing exceptional visibility and accessibility. Currently housing a tire sales business (not included in sale), the property includes a 480 sq ft office, a 1200 sq ft warehouse, and a 6-car high-stall metal carport. The property's zoning permits commercial development, making it ideal for a strip center or similar venture. The location benefits from high traffic counts and proximity to numerous amenities, including restaurants (Rancho Cafe, Whataburger, Burger King, Pizza Hut), retail (Dollar Tree, Cricket, World Financial, Auto Zone), and essential services (fire and police departments). The property features a rear paved access road and is being sold "as-is." Owner financing is available with a 50% down payment, a 20-year term, a 5-year balloon note, and a 7% interest rate. This prime location presents a significant redevelopment opportunity in a growing area. The property includes 23 parking spaces and was built in 1979. The APN is 12600-00000-00800-000000.
Cap rate
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Property description
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