100 Magnolia Ave Hubbard, TX 76648-2757
This 3,072 square foot retail building located at 100 S Magnolia Avenue in Hubbard, TX presents a unique investment opportunity. Situated on a 0.48-acre lot in the heart of downtown Hubbard, this property boasts significant potential for redevelopment. The building, formerly a mower repair facility, includes a parts area and features substantial original wood framing. While the roof was damaged by high winds and a portion of the building has collapsed, a significant portion remains structurally sound and offers a solid foundation for renovation. The sale includes all existing contents, offering potential for scrap recovery. The property's prime location on a main street in Hubbard, a growing city near Waco, makes it an attractive proposition for entrepreneurs seeking a high-visibility location. The "as-is" sale allows for flexibility in planning and redevelopment, capitalizing on the existing structure and its considerable potential. The seller is motivated to find a new owner and is willing to transfer the property in its current condition. This presents a chance to acquire a substantial downtown property at a compelling price point of $100,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.