Property summary
This exceptional mixed-use property, located at 201 E Brazos Ave in West Columbia, Texas (77486), presents a compelling investment opportunity. The 2,034 square foot building, situated on a 4,650 square foot lot (APN 8222-0055-000), is classified as Class B and boasts a prime location on Highway 35. Built in 1945 and extensively renovated in 2021, this single-story structure offers a blend of retail and office space, currently leased under a gross lease agreement. The current tenant holds a right of first refusal should a purchase offer be submitted. The lease is a one-year term, commencing September 1, 2023, and expiring September 1, 2024. The asking price is $379,900, translating to $186.77 per square foot. The property features an open floor plan seamlessly integrating private offices, a kitchen, a bathroom, and a conference room. A separate back office area, accessible via a private entrance, includes additional open office space with built-in shelving, a large walk-in closet, and another bathroom. This turnkey property is move-in ready and ideally suited for an owner-user seeking rental income or a savvy investor looking for a strong return. The property's strategic highway location ensures high visibility and accessibility, making it an attractive proposition for a variety of businesses.
Property profile
VerifiedCap rate & NOI
Current use
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Take-out & Catering
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the West Columbia market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2018Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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