101 Franklin St Anthony, TX 79821
This exceptional 11,988-square-foot mixed-use building, formerly a church and school, presents a unique investment opportunity in Anthony, Texas. Located on two high-traffic streets, minutes from Interstate 10, this property enjoys a prime location near thriving shopping centers, ensuring high visibility and foot traffic. The building boasts original brick masonry and stunning stained-glass windows, adding to its character and charm. The spacious interior includes a large sanctuary, seven classrooms each with their own bathroom, two kitchens, and a substantial basement, offering versatile space for a variety of uses. A sizable courtyard provides additional outdoor space. The sale includes all furniture and equipment (excluding the organ), making for a seamless transition for the new owner. Built in 1940 and renovated in 1980, this single-story building sits on an 11,988-square-foot lot. The property is zoned without specific zoning restrictions, allowing for flexible future development. This is a remarkable opportunity to acquire a substantial property at an attractive price per square foot, ideal for owner-users seeking a versatile space with significant potential. The property's history as a church and school provides a solid foundation for a variety of commercial or community-focused ventures.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.