114 Teel Dr Devine, TX 78016

Property Details for 114 Teel Dr

Year built

1957

Lot size

0.29 lot acres

Property size

2,394 SF

Property type

Commercial real estate

APN

14632

APU

14632

Description

This exceptional 2,394 square foot commercial building, situated on a 0.27-acre lot at 114 S Teel Drive in Devine, Texas, presents a compelling investment opportunity. Priced at $350,000, this property offers significant potential for both investors and owner-occupiers. The building's vibrant location makes it an attractive proposition for a variety of businesses. For investors, the property offers the chance to acquire an income-producing asset well below replacement cost. The presence of vacant space allows for future lease-up, leading to increased net operating income (NOI) and diversified cash flow. This represents a strong return on investment potential. For owner-occupiers, this property provides the opportunity to own their business location, building equity instead of paying rent. The building's size and location make it suitable for a range of commercial uses. The property is being offered for sale only, presenting a unique chance to secure a valuable asset in a desirable location. Serious inquiries are encouraged to explore this promising investment or business ownership opportunity. The property is located in Devine, TX, a growing community offering a strong local market. The 0.27-acre lot provides ample space for potential expansion or outdoor uses. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area.

Location Insight

City

Devine

County

Medina

State

Texas

Longitude

-98.9066

Latitude

29.1397

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments