100 NE 2Nd St Kerens, TX 75144
- Commercial real estate
- 3,000 SF
- 0.56 lot acres
Current Use by Public Records
- Sunny Sno & Snacks Snow cones/Shaved ice / Mobile Caterer / Snack Bar
Property Details for 100 NE 2Nd St
- Year built
- 2012
- Lot size
- 0.56 lot acres
- Property size
- 3,000 SF
- Property type
- Commercial real estate
- APN
- 31579
- APU
- 31579
Description
This exceptional commercial property located at 100 NE 2nd Street, Kerens, Texas, presents a lucrative investment opportunity. The 3,000 square foot building sits on a 0.56-acre lot and offers a stable income stream thanks to its three currently leased units. Each of the three units operates under a triple-net lease agreement, meaning tenants are responsible for property taxes, insurance, and maintenance, minimizing the owner's operational expenses. This hands-off approach maximizes return on investment. The property's prime location ensures high visibility and accessibility, attracting significant foot traffic and potential customers. The consistent rental income generated by the two reliable tenants makes this a low-risk, high-reward investment. This is an ideal opportunity for investors seeking a stable, passive income stream with minimal management responsibilities. The property's size and location make it suitable for a variety of commercial uses, offering flexibility and potential for future growth. The asking price of $300,000 reflects the strong potential for return on investment. Don't miss this chance to acquire a proven, income-generating commercial property in a desirable location. Serious inquiries only.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kerens
- County
- Navarro
- State
- Texas
- Longitude
- -96.2275
- Latitude
- 32.1331
- CBSA code
- 18620
- CBSA name
- CORSICANA, TX MICROPOLITAN STATISTICAL AREA
