Property profile

1001 Fm-11 Grandfalls, TX 79742

OFF-MARKET
Retail properties & Spaces
1,404 SF 27.7 ac lot
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Property summary

AI-generated overview

This exceptional commercial property presents a unique investment opportunity in Grandfalls, Texas. Located at 1001 W Fm-11, this 1,404 square foot retail space sits on a substantial 27.7-acre lot, offering significant expansion potential. The property's current configuration is ideal for a variety of retail uses, benefiting from high visibility and ample parking. The expansive acreage provides room for future development or expansion of the existing structure. The property is conveniently located in Pecos County, Texas, with easy access to Grandfalls and nearby communities. While the property's current use is retail, the extensive land offers versatility for a range of commercial ventures. The substantial lot size presents a rare opportunity for businesses seeking significant space and growth potential. The property's location in a serene countryside setting, yet minutes from Grandfalls-Royalty, offers a unique blend of tranquility and accessibility. This property is priced at $295,000 and is ready for immediate occupancy. The property's zip code is 79742.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,404 SF
Lot 27.7 ac (1,206,612 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1001 Fm-11 Grandfalls, TX 79742
Grandfalls metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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