Property profile

1242 Commercial Ave Anson, TX 79501

FOR SALE
Other commercial real estate
Property ID
US82-8939137
9,608 SF 0.35 ac lot Built 1920
Individually Owned Free & Clear
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Property summary

AI-generated overview

A historic landmark building totaling approximately 13,000 square feet, located in the downtown area within walking distance of the Jones County Court House. The structure is configured into three separate spaces, providing a flexible layout for multiple uses; one space has been fully remodeled and is set up for ongoing occupancy, while the remaining two spaces are in need of refurbishment. The second story includes an area that could function as residential living space. The property retains notable architectural features, including an antique freight elevator, and provides substantial interior space suitable for storage of inventory or equipment. Based on the existing footprint and layout, it is suitable for uses such as retail, restaurant, or lodging.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Total area 9,608 SF
Lot 0.35 ac (15,333 SF)
APN 27774
UPID US82-8939137

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1242 Commercial Ave Anson, TX 79501
Anson metro Census 20200 ABILENE, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

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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More about this property
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