104 Elida St Palmhurst, TX 78573-3537
This exceptional 7,200 square foot commercial property, situated on a 0.55-acre lot at 104 Elida Street in Palmhurst, Texas, presents a remarkable investment opportunity. Its strategic location offers unparalleled convenience, just off Conway between the 2 and 3 Mile markers, placing it within minutes of high-traffic areas and popular businesses such as H-E-B, Walgreens, and Chick-fil-A. The expansive space is ideal for a diverse range of commercial ventures. Imagine establishing a thriving trucking business, a state-of-the-art athletic facility, a childcare center, a social club, a fitness center, or any number of other enterprises. The property's versatility allows for significant adaptability to suit a wide spectrum of business needs. This property is priced at $470,000 and offers flexible financing options, including lease-to-own and seller financing, in addition to traditional lease arrangements. This makes it an attractive proposition for both established businesses seeking expansion and savvy investors looking to add a high-potential asset to their portfolio. Don't miss this chance to secure a prime commercial property in a rapidly growing area. Act quickly to capitalize on this exceptional opportunity.
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
Similar Nearby for Lease
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.