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Property profile & analytics

1331 Cumberland St Vernon, TX 76384

  • Commercial real estate
  • 7,500 SF
  • 0.15 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-5641279
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 1331 Cumberland St

Year built
1946
Lot size
0.15 lot acres
Property size
7,500 SF
Property type
Commercial real estate
APN
3124001
APU
3124001

Description

This exceptional investment opportunity encompasses a thriving business and multiple properties in Vernon, Texas. The main building, located at 1331 Cumberland Street, features three separate office rooms and two bathrooms, providing ample space for administrative functions. A convenient lean-to structure offers parking. In addition to the main building, the sale includes two substantial shop spaces. One is situated on a 0.492-acre fenced lot at 1308 Mesquite Street, boasting 3840 square feet of workshop area. A second, fully fenced 0.152-acre lot is located at 1401 Cumberland Street, offering potential for future expansion or equipment storage. This package also includes the established business, Red River Ranch Supply, complete with a strong reputation, loyal customer base, and a valuable website. The sale further transfers the rights to exclusive Rhino Lining franchise area dealerships, including Weather Tec, Bale Beds, BW Hitches, Bramco Flatbeds, and Cattleman Grill Guards. All vendor and customer contact lists are included, along with the business phone number, which continues to receive calls. This turnkey operation presents a rare chance to acquire a profitable business with significant real estate assets in a desirable location near Main Street and US 287. The asking price for this combined property and business opportunity is $165,000. Square footage for the office space is not currently available.


Value Estimations

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Location Insight

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  • Local Demand
City
Vernon
County
Wilbarger
State
Texas
Longitude
-99.283
Latitude
34.1567
CBSA code
46900
CBSA name
VERNON, TX MICROPOLITAN STATISTICAL AREA

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
$880
$2,040
$46,950
$48,990
-
$2,040
$46,950
$48,990
More about this property
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