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Property profile & analytics
FOR SALE
Retail space

105 S Main St Arp, TX 75750

1,420 SF 0.06 ac lot Built 1901
Individually Owned 11-yr Hold ~ Est. High Equity
Property ID
US82-5429206
Property summary
AI-generated overview

This 2,693 square foot retail property, situated on a 0.06-acre lot at the highly visible intersection of Main Street and 135 (Longview Street) in Arp, Texas, presents a fantastic opportunity for a variety of businesses. Previously utilized as a thrift shop and dance studio, its versatile layout offers considerable flexibility for diverse commercial ventures. The building features two distinct sections, one measuring 1,420 square feet and the other 1,273 square feet, totaling 2,693 square feet. A convenient bathroom is included. The property benefits from existing HVAC systems (heating and air conditioning), ensuring year-round comfort. Its prime location in the heart of Arp guarantees high visibility and accessibility, making it an ideal choice for entrepreneurs seeking a thriving commercial space. The property's history demonstrates its adaptability to various business models, offering a solid foundation for future success. This is a rare opportunity to acquire a well-positioned retail space in a desirable location at an attractive price point. The property is ready for immediate occupancy and awaits its next chapter. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1901
Total area 1,420 SF
Lot 0.06 ac (2,614 SF)
APN 1-00000-0012-01-152000
UPID US82-5429206
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Van Richardson · 11 yrs held
Van Richardson
since 2014
1 recorded transaction
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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