Property profile

1620 Broadway St Sweetwater, TX 79556

OFF-MARKET
Commercial real estate
Property ID
US82-6277783
2,100 SF 0.7 ac lot Built 1960
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1620 E Broadway Street in Sweetwater, Texas, presents a unique investment opportunity. Situated on a 0.7-acre lot, the 2,100 square foot building boasts a prime location on Business 20, ensuring high visibility and accessibility for potential businesses. Previously operating as a tire shop, the property is well-suited for a variety of commercial uses. The interior layout includes a dedicated office space, providing a professional workspace separate from the main area. Two restrooms are conveniently located for both employees and customers. Ample storage areas are available throughout the building, catering to diverse inventory needs. A service pit, a key feature for automotive-related businesses, remains in place. The property's strategic location on the eastern entrance to Sweetwater ensures consistent exposure to a high volume of traffic, making it an ideal location for businesses seeking maximum visibility and customer reach. The asking price is $98,000. This presents a compelling opportunity to acquire a well-positioned commercial property in a thriving Texas community. The property's versatile layout and prime location make it an attractive prospect for a wide range of commercial ventures.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Total area 2,100 SF
Lot 0.7 ac (30,492 SF)
APN N0273-0013-00
UPID US82-6277783

Cap rate & NOI

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

Location

1620 Broadway St Sweetwater, TX 79556
Sweetwater metro Census 950400 SWEETWATER, TX MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

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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