506 Loop 254 Ranger, TX 76470
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.