Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

12149 State Hwy 21st E Midway, TX 75852-2735

  • Commercial real estate
  • 2,100 SF
  • 0.08 lot acres
OFF-MARKET
Last Sale
Nov 27, 2023
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US83-0623298
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 12149 State Hwy 21st E

Lot size
0.08 lot acres
Property size
2,100 SF
Property type
Commercial real estate
APN
R-0247-000-1730-901
APU
R02470001730901

Description

This charming stucco grocery store, located at 12149 State Highway 21 in Midway, Texas, presents a unique investment opportunity. The 2,100 square foot building sits on a 0.08-acre lot and is conveniently situated right off the main road, offering excellent visibility and accessibility. This is an AS-IS cash sale, meaning the property is sold in its current condition. However, several key improvements have been made in recent years, including the replacement of the roof, electrical box, electrical wiring, and both air conditioning units. These upgrades significantly reduce the immediate maintenance burden for the new owner. Utilities will be reactivated upon contract signing and completion of inspections. The seller is eager to facilitate a smooth transaction and welcomes prospective buyers to visit the property and assess its potential firsthand. This presents a rare chance to acquire a well-located commercial property in a desirable Texas town at an attractive price point of $49,000. The property's history as a grocery store suggests potential for continued use in a similar capacity, or for adaptive reuse to suit a variety of other commercial ventures. The building's prime location and recent upgrades make it an attractive proposition for investors seeking a straightforward, cash-only investment with significant upside potential.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Midway
County
Madison
State
Texas
Longitude
-95.7507
Latitude
31.026

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$751
$3,890
$49,090
$52,980
-
$3,890
$49,090
$52,980
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message