413 25 Mile Ave Ave Hereford, TX 79045
- Commercial real estate
- 0.76 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 413 25 Mile Ave Ave
- Lot size
- 0.76 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property in Hereford, Texas presents a unique investment opportunity. Located at 413 N 25 Mile Avenue, this 0.76-acre site boasts a prime location on a busy main road (HWY 385), enjoying high visibility with 177 feet of road frontage. A Department of Transportation traffic count of 10,915 vehicles daily underscores the significant traffic flow. The property currently houses a well-established coffee cafe with a loyal customer base, providing immediate income potential. The existing business is available for purchase, including its name and equipment, at an additional cost. However, the significant potential lies in the adjacent lot, offering ample space for expansion of the existing cafe or the development of additional commercial ventures. This presents a rare chance to capitalize on the growth of the Hereford community and the high volume of passing traffic. The property's strategic location and development potential make it an attractive investment for both seasoned entrepreneurs and those seeking a promising entry point into the commercial real estate market. This is a turnkey opportunity with immediate income potential and significant long-term growth prospects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hereford
- County
- Deaf Smith
- State
- Texas
- Longitude
- -102.432
- Latitude
- 34.8354
