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Property profile & analytics
OFF-MARKET
Commercial real estate

506 Loop 254 Ranger, TX 76470

2,470 SF 0.52 ac lot Built 1990
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 506 W Loop 254 in Ranger, Texas, presents a unique investment opportunity. The 2,470 square foot building sits on a 0.52-acre lot and is priced affordably at $129,000. Its strategic location ensures high visibility and accessibility, benefiting from significant foot traffic. The property features a spacious walk-in freezer, perfectly suited for businesses requiring cold storage, such as food service or grocery operations. A convenient drive-through window adds further versatility, making it ideal for businesses like takeout restaurants, convenience stores, or quick-service establishments. Previous plans for conversion into a laundromat and car wash demonstrate the building's adaptability and potential for a wide range of uses. The property's proximity to an upcoming state park (approximately 15 minutes away) offers the potential for increased visitor traffic and economic growth in the area, further enhancing its investment value. This property is ready for an entrepreneur's vision, whether it's a cafГ©, retail store, or service-based business. The possibilities are truly endless. Don't miss this chance to acquire a commercial property with significant upside potential in a growing area.

Property profile
Verified
Property type Commercial real estate
Year built 1990
Total area 2,470 SF
Lot 0.52 ac (22,651 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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