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Property profile & analytics
OFF-MARKET
Commercial real estate

112 Jefferson St Palmer, TX 75152

1,875 SF 0.07 ac lot Built 1900
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2419343
Property summary
AI-generated overview

This exceptional 1,875 square foot commercial property, situated on a 0.07-acre lot at 112 W Jefferson Street in Palmer, Texas, presents a rare investment opportunity. The building, steeped in history, is ideally located in the heart of downtown Palmer and is zoned for commercial use. Currently configured for manufacturing and packaging operations, its adaptable layout offers significant versatility. The interior features a potential lobby or reception area, two expansive work areas perfect for production or large-scale office use, and two smaller rooms suitable for private offices or storage. Conveniently located private bathrooms are included. A glimpse of the building's original tin ceiling is visible above the existing drop ceiling, hinting at its rich architectural heritage. The condition of the tin ceiling is undetermined. This property's strategic location offers easy access to Interstate 45, providing excellent connectivity for both employees and clients. The property is currently listed for both sale and lease, providing flexibility for potential buyers or tenants. This is a unique chance to acquire a piece of Palmer's history and capitalize on its prime commercial location. The building's adaptable layout and central location make it an ideal choice for a variety of businesses.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Total area 1,875 SF
Lot 0.07 ac (2,875 SF)
APN 65.2001.015.016.00.110
UPID US82-2419343
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Eric Pepper Wells · 3 yrs held
Eric Pepper Wells
since 2023
2 recorded transactions
2023
Price N/A
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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