Property profile

1520 Main St Junction, TX 76849

OFF-MARKET
Commercial real estate
Property ID
US83-0088668
35,656 SF 1.18 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1520 Main St in Junction, Texas, presents a compelling investment opportunity. Situated in the heart of town, this property enjoys high visibility and proximity to a thriving commercial corridor. Neighboring businesses include Isaac's Restaurant, The Coffee Bean Co., and Kimble Processing, ensuring a steady flow of foot traffic and potential synergy. Across the street, a carwash and skating rink further enhance the area's vibrancy and appeal to a diverse clientele. The property's central location offers easy access to Junction's key amenities and attractions, including two rivers and a local state park, which contribute to the town's tourism appeal. The property itself offers significant potential for expansion or adaptation to suit a variety of commercial uses. The extra space provides flexibility for future growth and development, making it an ideal investment for entrepreneurs and businesses seeking a strategic location in a growing community. The asking price of $350,000 reflects the property's prime location and considerable potential. This is a rare opportunity to acquire a well-positioned commercial property in a desirable Texas town. Don't miss out on this chance to establish your business in a thriving community.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 35,656 SF
Lot 1.18 ac (51,401 SF)
APN R4545
UPID US83-0088668

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

1520 Main St Junction, TX 76849-3516
Junction metro Census 950200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$695k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$945k

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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