111 Us-84 Goldthwaite, TX 76844
- Commercial real estate
- 2,004 SF
- 1.20 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 111 Us-84
- Year built
- 2006
- Lot size
- 1.20 lot acres
- Property size
- 2,004 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a turnkey plant nursery and retail building in Goldthwaite, Texas. Located on a 1.2-acre lot at 111 US-84, this Class A property boasts 2,000 square feet of retail space, complemented by seven greenhouses. Built in 2006, the single-story building enjoys high visibility due to its major highway frontage on US-84 and Hwy 183, experiencing combined daily traffic counts exceeding 13,000 vehicles. The business has a strong track record, averaging $685,881 in gross sales over the past three years, generating a Net Operating Income (NOI) of $180,000 and a 16.36% cap rate. The asking price is $1,100,000 ($548.90/sq ft). The current owner is willing to provide consulting services for a smooth transition. This established business benefits from numerous positive online reviews, showcasing its excellent reputation and customer satisfaction. This is a rare opportunity to acquire a profitable, well-established business with significant growth potential in a high-traffic location. The property offers a blend of established business success and prime real estate, making it an ideal owner-user investment.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Goldthwaite
- County
- Mills
- State
- Texas
- Longitude
- -98.5686
- Latitude
- 31.4683
