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Property profile & analytics
OFF-MARKET
Commercial real estate

117 Railroad Ave Shamrock, TX 79079-2341

2,088 SF 0.08 ac lot Built 1965
Individually Owned Absentee Owner Free & Clear
Property ID
US83-0958437
Property summary
AI-generated overview

This 65,000 USD commercial property at 117 E Railroad Avenue in Shamrock, Texas presents a fantastic opportunity for entrepreneurs. Situated just one mile south of the historic Route 66/I-40 intersection, this building enjoys high visibility and convenient access. The corner lot provides extensive parking, a significant advantage for any business. The building itself offers considerable flexibility with three exterior doors, allowing for diverse layouts to suit various needs. Previously used as a successful restaurant, the interior includes a well-equipped kitchen area complete with a vent hood, a dedicated dry storage/dishwashing room, and a covered patio ideal for outdoor seating or events. The building is equipped with central heating and air conditioning, as well as a gas water heater, ensuring year-round comfort. The adaptable space lends itself to a wide range of commercial uses, including but not limited to a coffee shop, boutique, office space, or art gallery. The property's location and features make it an exceptional investment for those seeking a thriving business environment in a vibrant community. This is a rare opportunity to acquire a well-maintained commercial building in a desirable location with significant potential for growth. Don't miss out on this chance to establish your business in Shamrock, Texas.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Total area 2,088 SF
Lot 0.08 ac (3,494 SF)
APN 9223372036854775807
UPID US83-0958437
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
PATTERSON WAYNE L
PATTERSON WAYNE L
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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