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    OFF-MARKET
    Commercial real estate

    1101 Cleveland Ave, Rotan, TX 79546-2103

    800 SF 0.32 ac lot Built 1975
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US83-0209120
    Property summary
    AI-generated overview

    This 800-square-foot industrial property in Rotan, Texas, sits on a sizable 0.32-acre corner lot. The building features two covered car wash bays and one uncovered area suitable for truck washing. Each bay is equipped with floor drains for efficient water management. While the electrical service is currently disconnected, water service is active and ready for use. A significant advantage is the inclusion of all existing car wash equipment and hardware as part of the sale, offering immediate operational potential. The property is unrestricted, providing flexibility for a variety of uses. Buyers could revitalize the existing car wash operation, establish an automotive repair shop, or utilize the covered bays for personal storage or parking. The ample space and existing infrastructure present a unique opportunity for entrepreneurs and investors alike to tailor the property to their specific needs. The asking price is $20,000, making this a potentially lucrative investment in a versatile commercial space. The property's location in Rotan offers accessibility and visibility, further enhancing its appeal. This is a rare opportunity to acquire a ready-to-develop commercial property at an attractive price point.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1975
    Total area 800 SF
    Lot 0.32 ac (13,983 SF)
    APN 6662
    UPID US83-0209120
    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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    Blend (final) Blend
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    Owner & transaction history
    JAMES BOBBY JR
    JAMES BOBBY JR
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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