109 Park Ave Iowa Park, TX 76367-2806
This exceptional mixed-use property at 109 W Park Ave, Iowa Park, TX 76367, presents a lucrative investment opportunity. The 4,260 square foot building sits on a 5,641.02 square foot lot and is currently configured as a versatile event space, ideal for bakers, caterers, and pop-up shops. The asking price is $349,900, translating to $82.14 per square foot. The open floor plan offers significant flexibility, allowing for easy adaptation to a wide range of business needs. Its current use as a short-term rental demonstrates strong potential for immediate income generation. The property boasts a convenient location with ample street parking directly in front, ensuring easy access for customers and clients. This versatile space is ready for immediate occupancy and presents a unique chance to establish or expand a thriving business in a desirable Texas location. The property's size and layout provide ample room for creativity and customization, making it an attractive option for entrepreneurs seeking a turnkey solution or a blank canvas for their vision. This is a rare opportunity to acquire a well-situated, adaptable commercial property in a growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.