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Property profile & analytics
FOR SALE
Commercial real estate

1013 S 7Th St Raymondville, TX 78580

1,932 SF 0.33 ac lot Built 1993
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US82-6394694
Property summary
AI-generated overview

This exceptional 2,480 square foot commercial property, located at 1013 S 7TH ST. Unit 22, Raymondville, TX, presents a fantastic opportunity for retail entrepreneurs. Situated on a prominent corner lot spanning 0.55 acres, this established convenience store enjoys high visibility and easy access. The bright, open layout is naturally well-lit, creating an inviting atmosphere for customers. The interior features extensive wall-mounted refrigeration, ideal for maintaining chilled beverages and other temperature-sensitive products. Security is prioritized with a comprehensive security camera system installed throughout the premises. A well-lit parking lot ensures convenient customer access and ample parking. The asking price for this turnkey operation is $450,000. This property is currently operational and ready for immediate ownership, offering a seamless transition for a new business owner. The existing setup provides a solid foundation for continued success, or the space can be easily adapted to suit a variety of retail concepts. Don't miss this chance to acquire a thriving business in a prime location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1993
Total area 1,932 SF
Lot 0.33 ac (14,466 SF)
APN 12977
UPID US82-6394694
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Babas Drive Thru Grocery & Convenience Store
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Zeb Gohar Allam · 3 yrs held
Zeb Gohar Allam
since 2023
3 recorded transactions
2023
Price N/A
2021
$15,157
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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