Property profile

105 Concho St Roby, TX 79543

OFF-MARKET
Commercial real estate
Property ID
US83-0238112
2,700 SF 0.07 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,929 square foot retail property, situated on a 0.17-acre lot at 105 N Concho Street in the heart of downtown Roby, Texas, presents a unique investment opportunity. The building has undergone extensive renovations, preserving its original rustic charm while incorporating modern updates. The main floor offers a spacious, open retail area ideal for a variety of businesses, complete with ample display space, a private office, and substantial storage. A significant advantage is the inclusion of a two-story apartment, accessed via both elevator and stairs. The apartment features a kitchen, bathroom, and living room on the main floor, and a family room, two bedrooms, and a half-bath upstairs. The entire building benefits from mini-split HVAC units, ensuring year-round comfort. The property boasts terrific visibility and location on the town square, offering excellent exposure to potential customers. Importantly, there are no zoning restrictions, allowing for maximum flexibility in its use. This remarkable property, with its blend of retail space and residential accommodation, presents a rare chance to establish a thriving business in a desirable downtown setting. The combination of over 2,900 square feet of retail space and an additional 400 square feet in the upstairs apartment provides ample room for both business operations and personal living quarters. Don't miss this chance to own a truly one-of-a-kind property with unlimited potential.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 2,700 SF
Lot 0.07 ac (3,006 SF)
APN 7840
UPID US83-0238112

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

105 Concho St Roby, TX 79543
Roby metro Census 950300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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