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Property profile & analytics
FOR SALE
Commercial real estate

1600 State St Fort Davis, TX 79734

11,220 SF 0.33 ac lot Built 1960
Entity Owned Free & Clear
Property ID
US83-1254628
Property summary
AI-generated overview

This 10,324-square-foot retail building in Fort Davis, Texas, is situated on a 0.332-acre lot and offers exceptional visibility. Previously a grocery store, it includes two 1,800-square-foot attached warehouses and two functioning gas pumps. The property boasts excellent frontage and access from State Highway 118, providing prime exposure to traffic. Its location directly across from the Fort Davis National Historic Site and less than a quarter-mile from the intersection of State Highways 118 and 17 ensures high traffic volume. Built in phases between 1960 and 1988, this single-story building presents a unique opportunity for owner-users. The asking price is $800,000, translating to $77.49 per square foot. The property's proximity to the McDonald Observatory (less than 10 miles away) further enhances its appeal. This is one of the largest retail buildings in Fort Davis, making it a significant investment opportunity. The property is currently vacant. The property's parcel number (APN) is 9624.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Total area 11,220 SF
Lot 0.33 ac (14,475 SF)
APN 9624
UPID US83-1254628
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
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
$625k
Owner & transaction history
BAEZA FAMILY
BAEZA FAMILY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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