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Property profile & analytics
OFF-MARKET
Commercial real estate

105 Austin Ave Richland, TX 76681-4389

2,400 SF 0.55 ac lot Built 1996
Individually Owned Absentee Owner Free & Clear
Property ID
US82-6269660
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving retail business located at 105 N Austin Avenue, Richland, TX, just off IH-45 in southern Navarro County. The main building boasts over 2,000 square feet of retail space currently operating as a successful beer, wine, and liquor store. Attached to the main building is a smaller rental unit generating $300 per month in rental income. Adding to the investment potential, an additional rental unit is included, located at 107 N. Austin Ave. (Parcel 12437), currently leased for $1050 per month. This provides a substantial and consistent stream of passive income. The total property sits on a 0.55-acre lot. The asking price of $425,000 is for the real estate and improvements only. The current owner is willing to sell the existing inventory separately, with an estimated value of $30,000. This turnkey operation offers a rare chance to acquire a profitable business with significant rental income potential in a desirable location. The property's prime location and established clientele base make it an attractive investment for both seasoned entrepreneurs and first-time business owners. This is a unique opportunity to own a well-established business with immediate cash flow. Don't miss out on this exceptional investment opportunity.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1996
Total area 2,400 SF
Lot 0.55 ac (24,002 SF)
APN 46562
UPID US82-6269660
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
  • Chapman Cut Rate Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
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
LINA MAO KHEIV
LINA MAO KHEIV
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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