1550 N Access Rd Clyde, TX 79510
Property profile & analytics
1550 N Access Rd, Clyde, TX 79510
- Commercial real estate
- 0.89 lot acres
Property ID
US83-1531109
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.
Location Intelligence
Current Use by Public Records
- Starbucks / Cafe & Coffee Shop
Property Details for 1550 N Access Rd
- Year built
- 2023
- Lot size
- 0.89 lot acres
- Property type
- Commercial real estate
- APN
- R000008850
- APU
- R000008850
Description
This exceptional investment opportunity presents a newly constructed (2023) Starbucks located at 1550 N Access Rd, Clyde, TX 79510. The property boasts a 2,160 square foot building situated on a 0.88-acre lot. It features a 10-year net lease (commencing September 25, 2023, and expiring September 30, 2033) with a credit-rated, corporate guarantee from Starbucks Corporation. The lease includes a 10% rent increase at year six and four 5-year lease options, each with a 10% increase. The property currently enjoys 100% occupancy, generating a net operating income (NOI) of $134,000 and a 6.00% cap rate. The asking price is $2,233,335, translating to $1,033.95 per square foot. This strategically located property benefits from its proximity to Abilene, Texas (15 miles), a city with a population exceeding 131,000, and is surrounded by other national tenants, ensuring high visibility and traffic. The strong local demographic, with over 6,000 residents within a 5-mile radius, further enhances the long-term investment potential. This is a rare opportunity to acquire a high-quality, passively managed investment with a strong tenant and significant upside potential. The property is classified as Hospitality, Retail, and Special Purpose.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Clyde
- County
- Callahan
- State
- Texas
- Longitude
- -99.4915
- Latitude
- 32.4131
- CBSA code
- 10180
- CBSA name
- ABILENE, TX METROPOLITAN 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
$801
$31,150
$432,450
$463,600
-
$31,150
$432,450
$463,600
