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19015 K St Somerset, TX 78069-4737

OFF-MARKET Office Spaces Google Maps
5,135 SF 1 ac lot Built 2011
Individually Owned 15-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$710k
Range $639k – $781k (±10%)
Property ID US82-5716291

Property summary

AI-generated overview

This exceptional investment opportunity in Somerset, TX, presents a versatile commercial property boasting significant potential. The property includes a large 50x30 metal building with a built-in drive-thru, ideal for various businesses such as a restaurant or Pollo Asado establishment. Additionally, a substantial 40x90 yellow building features a small apartment, providing extra space or rental income. Ample gated parking ensures convenient access for customers and employees. The property's strategic location offers unparalleled convenience, situated just 15 minutes from the Navistar Manufacturing Plant and within minutes of Koontz Corp on Highway 35 South and Somerset Road. The upcoming opening of the University Health Hospital in 2027, developed by Palo College, further enhances the property's long-term value and potential for growth. The property sits on a one-acre lot. The owner will be replacing the entire roof on the yellow building. This prime location, coupled with the versatile buildings and ample parking, makes this a truly exceptional investment opportunity. Don't miss out on this chance to secure a thriving business location in a rapidly developing area.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2011
Total area 5,135 SF
Lot 1 ac (43,560 SF)
APN 04232-000-0242
UPID US82-5716291

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$780k
Comparable Approach Comparable
$638k
Blend (final) Blend
$710k

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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