Property profile

1101 Cleveland Ave Rotan, TX 79546

OFF-MARKET
Commercial real estate
Property ID
US83-0209120
800 SF 0.32 ac lot Built 1975
Individually Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

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

Location

1101 Cleveland Ave Rotan, TX 79546-2103
Rotan metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1101 Cleveland Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message