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Property profile & analytics
OFF-MARKET
Office buildings

1404 4th Ave Canyon, TX 79015-3740

3,145 SF 0.11 ac lot Built 1966
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US82-3862749
Property summary
AI-generated overview

This exceptional 3,145 square foot office building, situated on a 4,791 square foot lot in Canyon, Texas, presents a unique investment opportunity. Completely renovated in 2023, the property boasts a desirable location just off the town square, ensuring high visibility and easy access. The building, constructed in 1966, offers flexible space ideal for both sale and lease. The layout includes multiple configurations to suit various business needs. For sale, the building offers six large offices, two restrooms, two waiting rooms, a reception area, copy room, and a break room. For lease, the space includes five large offices, two restrooms, a waiting room, reception area, copy room, and break room. Currently, 2,545 square feet are available for lease. The RC3 zoning allows for a variety of uses. Canyon's vibrant downtown square, proximity to West Texas A&M University, and its lively atmosphere create a strong tenant base and consistent foot traffic. This property offers an excellent chance to establish a thriving business in a desirable location with high visibility and accessibility. The building's recent renovation ensures modern amenities and functionality, making it an attractive option for businesses seeking a well-maintained and conveniently located space. Don't miss this opportunity to own or lease a piece of Canyon's thriving business community.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1966
Total area 3,145 SF
Lot 0.11 ac (4,792 SF)
Zoning code RC3
APN R-005-7800-3050
UPID US82-3862749
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
  • William E Kelly III Law Firm Law Firm
  • True Blessings LLC Home Health Care Service
  • Jim B Brown Atty At Law Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gales Properties LLC · 5 yrs held
Gales Properties LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
RC3 · Canyon, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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