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Property profile & analytics
FOR SALE
Commercial real estate

108 E Burton Rd Mount Pleasant, TX 75455

6,462 SF 0.74 ac lot Built 1975
Individually Owned 4-yr Hold Free & Clear
Property ID
US82-8323374
Property summary
AI-generated overview

This exceptional commercial property, located at 108 W Burton Rd in Mount Pleasant, Texas, presents a unique investment opportunity. The 6,426 square foot building sits on a substantial 32,339 square foot lot, offering ample space for a variety of uses. Previously occupied by Luigi's Italian Cafe, this established location benefits from high visibility and convenient access. The property is classified as both Retail and Land, providing flexibility for potential buyers. The asking price is $400,000. The property's 2022 property taxes were approximately $3,500. This represents a significant opportunity to acquire a well-situated commercial property in a thriving Texas community. The building's size and lot dimensions allow for expansion or modification to suit a wide range of business plans. All offers are encouraged. The property is situated in Titus County, Texas, with the zip code 75455. Its geographic coordinates are latitude 33.1779479 and longitude -94.9690874. This prime location offers significant potential for a successful business venture. The property's history as a well-known restaurant provides a strong foundation for future success.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1975
Total area 6,462 SF
Lot 0.74 ac (32,339 SF)
APN 12205
UPID US82-8323374
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
Dino Smajli · 4 yrs held
Dino Smajli
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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