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Property profile & analytics
FOR SALE
Commercial real estate

208 N Bonham Ave Cleveland, TX 77327

2,286 SF 0.33 ac lot Built 1979
Entity Owned 5-yr Hold Free & Clear
Property ID
US82-3106337
Property summary
AI-generated overview

This exceptional 2,286 square foot traditional office building, located at 208 N Bonham Ave in Cleveland, Texas, presents a fantastic investment opportunity. Built in 1979, this single-story structure sits on a 0.332-acre lot and is currently offered for sale by owner at $399,900, translating to $174.93 per square foot. The property is ideally suited for a variety of medical or professional office uses. The interior layout includes dedicated patient treatment rooms, a functional conference room perfect for meetings and consultations, a welcoming reception area for clients, and a convenient break room for staff. The building's single-story design offers easy accessibility and efficient workflow. Its central Cleveland location provides excellent visibility and convenient access to local amenities and transportation routes. This is a rare opportunity to acquire a well-maintained, established office building in a thriving Texas community. The property's size and layout offer significant potential for immediate occupancy or future expansion, making it an attractive investment for both established businesses and aspiring entrepreneurs. The asking price reflects a competitive value in the current market, making this a compelling proposition for discerning buyers. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1979
Total area 2,286 SF
Lot 0.33 ac (14,505 SF)
APN R37716
UPID US82-3106337
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
Current use
Occupant on record · Public records
  • PULSE CLEVELAND MULTI-SPECIALTY Physician
  • Tri County Pharmacy Pharmacy
  • Mary Mckinney Pharmacy
  • Pulse Cleveland | Cardiology | Podiatry - Dr. Gaurav Aggarwala, Jeffery Klem, & Ava Washko DPM Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Boondocks Partners LLC · 5 yrs held
Boondocks Partners LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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