Financial
Distress signals
Property profile

117 Main St Elgin, TX 78621

FOR SALE
Other commercial real estate
Property ID
US82-6110786
2,728 SF 0.15 ac lot Built 1974
Last sale Jan 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a white-box retail space of approximately 1,500 square feet, configured with a retail storefront and three dedicated storage units measuring approximately 10 by 20 feet each. The site includes a large fenced side yard and additional paved/usable space in front of the fence that can support an on-site outdoor area. It is located in Downtown Elgin, Texas, within the Elgin Downtown Historical Main Street District. The property is zoned CS2, which allows for a range of uses

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
Assessed value$287k
Assessed land$44k
Assessed improvement$243k

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$300k
NOI build-up
Gross scheduled income$71k
Vacancy & credit loss−$2k
Operating expenses−$21k
NOI · 13.34% cap applied$48k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
13.34%
$48k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBASTROP

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage7.8
Kitchen & Bath8.8
Building Supply9.0

Location

117 Main St Elgin, TX 78621
County assessor Recorded deeds · 2 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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