109 3rd St, Grandview, TX 76050-2164
- Commercial real estate
- 4,526 SF
- 0.46 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 109 3rd St
- Year built
- 1945
- Lot size
- 0.46 lot acres
- Property type
- Commercial real estate
- APN
- 126.3265.01810
- APU
- 126326501810
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 26, 2021 | — | Kody D Whitehead | Vaughan Family Investments LLC | Venders Lien | $201k · Wildcat Lending Fund One LP |
| — | — | Vaughan Family Investments LLC | — | Deed Of Trust · related | $320k · Frost Bk |
| — | — | Vaughan Family Investments LLC | — | Deed Of Trust · related | $50k · Frost Bk |
Description
This exceptional investment opportunity in Godley, Texas, presents a fully occupied commercial property at 109 N 3rd Street, zip code 76050. The property consists of a well-maintained two-bay car wash and sixteen 10x10 unit public storage buildings. All storage units are currently leased, generating immediate income for the new owner. The total square footage of the property is 240 square feet, with an asking price of $399,000, resulting in a price per square foot of $1,662.50. Located in downtown Godley, this property benefits from high visibility and convenient access. The property's strong occupancy rate and consistent income stream make it an attractive investment for those seeking a stable and profitable venture. Financial details are available upon request. This is a turnkey operation ready for immediate ownership. The property is situated in Johnson County, Texas, and is conveniently located near major transportation routes. This is a rare opportunity to acquire a profitable, established business in a thriving Texas town. Serious inquiries only.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $765,000
- 6.5%
- $705,000
- 7%
- $655,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $587,000
Market price range: $286k - $866k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Grandview
- County
- Johnson
- State
- Texas
- Longitude
- -97.1792
- Latitude
- 32.2692
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
