115 Commerce St Ranger, TX 76470-2016
This exceptional 7,176 square foot commercial building, located at 115 N Commerce Street in Ranger, Texas, presents a unique investment opportunity. Built in 1920, the property boasts significant character and charm, ideal for renovation and repurposing. The building sits on a half-acre lot (0.5 acres), which includes an adjacent lot providing ample parking. This substantial space offers a multitude of possibilities for a variety of commercial ventures. The building's age and size suggest a substantial amount of space that could be adapted to modern needs. The existing structure provides a solid foundation for a creative entrepreneur or investor looking to establish a presence in the vibrant Ranger community. The property's location on N Commerce Street offers excellent visibility and accessibility. Note that this property is available as part of a larger package deal including other properties in the area. Interested parties should inquire for further details regarding the package deal and its associated terms. This is a rare chance to acquire a piece of Ranger's history and transform it into a thriving commercial enterprise. The substantial size of the building and the included parking lot make this a highly attractive proposition.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.