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Property profile & analytics
OFF-MARKET
Commercial real estate

1401 3rd St Floresville, TX 78114-2248

6,118 SF 0.19 ac lot
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US82-4277008
Property summary
AI-generated overview

This exceptional 11,158-square-foot commercial property, situated on a 0.19-acre lot at the highly desirable corner of 3rd and C Streets in downtown Floresville, Texas, presents a unique investment opportunity. The building's classic architecture blends seamlessly with its modern potential, offering versatility for a variety of uses. Its prime location ensures high visibility and significant foot traffic, making it ideal for retail, office, or mixed-use development. The property's expansive size allows for easy division into three separate units, each with its own entrance, providing flexibility for multiple tenants or a single large operation. This adaptable space offers a chance to capitalize on the thriving Floresville community while owning a piece of its rich history. The asking price is $800,000. This is a rare chance to acquire a cornerstone property in a vibrant downtown area, poised for continued growth and success. The property's strategic location and substantial size make it an attractive investment for both business owners and investors seeking a strong return. Don't miss this opportunity to own a piece of Floresville's legacy and shape its future.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 6,118 SF
Lot 0.19 ac (8,451 SF)
APN 2705-00010-01400
UPID US82-4277008
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
Current use
Occupant on record · Public records
  • Wilson Co Hardware & Lumber Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bradley F Sickenius · 5 yrs held
Bradley F Sickenius
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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