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1108 Ctr St Deer Park, TX 77536-3212

OFF-MARKET Auto shops Google Maps
3,230 SF 0.23 ac lot Built 2019
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$285k
Range $257k – $314k (±10%)
Property ID US82-4291641

Property summary

AI-generated overview

This exceptional 1,000 sq ft commercial property, located at 1108 Center Street in Deer Park, Texas, 77536, presents a unique investment opportunity. Built in 2019, this two-story building sits on a 10,000 sq ft lot and boasts a 15' ceiling height. Currently configured as an auto shop, traditional office, and warehouse space, its versatile design allows for various business uses, including retail, office, or restaurant. The property is zoned GC - General Commercial, offering flexibility for future development. The asking price is $350,000, translating to $350 per square foot. A one-year net lease is currently in place with a single tenant, providing immediate income potential. This prime location on Center Street offers high visibility and easy access to major highways, ensuring strong foot traffic and convenient access for businesses and customers. Deer Park's continued growth and development promise significant future appreciation. This property is an ideal investment for entrepreneurs and investors seeking a versatile, income-producing asset in a thriving Texas market. The building features one structure and is suitable for a variety of commercial uses.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2019
Construction METAL FRAME
Total area 3,230 SF
Lot 0.23 ac (10,001 SF)
APN 631030010003
UPID US82-4291641

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash
  • Car Wash
  • (Bike/Boat/Book/etc) Store Auto Parts Store
  • Car Wash
  • Car Wash

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2019
Price N/A
2011
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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
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