20025 Fm 1485th Rd New Caney, TX 77357-7313
- Grocery and convenience stores
- 2,640 SF
- 0.99 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 20025 Fm 1485th Rd
- Year built
- 1983
- Construction
- FRAME
- Lot size
- 0.99 lot acres
- Property size
- 2,640 SF
- Zone code
- 5
- Property type
- Grocery and convenience stores
- APN
- 0308-01-00801
- APU
- 3080100801
Description
This exceptional investment opportunity presents a thriving gas station and convenience store located at 20025 FM 1485 in New Caney, Texas. The property sits on a 0.988-acre lot and includes a 2,640 square foot building constructed in 1999. The business boasts impressive sales figures, generating approximately $65,000 in monthly inside sales and 16,000 gallons of fuel sold monthly. Eight gas pumps cater to a substantial customer base, further enhanced by its strategic location on a busy intersection with an estimated 25,000 vehicles passing daily on FM 1485 and an additional 3,000 on Lawsuit Lane. The property's value is amplified by the recent development of a new mobile home park nearby, promising future growth in customer traffic. Current owners, operating successfully since 1999, are retiring, presenting a turnkey opportunity for a new owner. Additional revenue streams include rental income from adjacent buildings, lottery sales, and an ATM. The property also offers untapped potential with a currently non-operational deli area, presenting a chance to increase sales and profitability. The asking price for this established and profitable business is $1,600,000. This is a rare chance to acquire a well-established business with significant growth potential in a prime location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $335,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $218,000
Market price range: $213k - $336k
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Location Insight
- Map
- Local Demand
- City
- New Caney
- County
- Montgomery
- State
- Texas
- Longitude
- -95.226
- Latitude
- 30.1573
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA