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Property profile & analytics
OFF-MARKET
Office Spaces

823 Us Hwy 281 Hwy Falfurrias, TX 78355

3,360 SF 2 ac lot Built 1900
Property ID
Property summary
AI-generated overview

This exceptional commercial property, situated on a 2-acre lot at the intersection of US Highway 281 and FM 2191 in Falfurrias, Texas, presents a remarkable investment opportunity. The property features a well-maintained, approximately 3,360 square foot modular building, offering a functional and versatile layout ideal for a variety of business uses. The building boasts six individual office spaces, perfect for a growing company or multi-tenant occupancy. A large conference room provides ample space for meetings and presentations, while a central office area offers flexibility for additional workspace or a secondary conference room. A welcoming reception area/lobby greets clients and visitors, while a spacious kitchenette caters to employee needs. Three and a half bathrooms ensure convenience for staff and clients. The property is fully enclosed by a high fence with two sliding gates, providing secure access and peace of mind. Ample parking is available, accommodating both employees and customers. Additional features include a large back deck, a convenient storage shed, and multiple security lights for enhanced safety and security. City water and sewer connections are in place. The high-traffic location at the intersection of two major roadways ensures excellent visibility and accessibility, making this property an ideal choice for businesses seeking a prominent presence in Falfurrias. Buyers are responsible for conducting their own due diligence to verify the square footage of the building and land.

Property profile
Verified
Property type Office Spaces
Year built 1900
Total area 3,360 SF
Lot 2 ac (87,120 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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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