212 3rd St Pecos, TX 79772-3204
This exceptional investment opportunity presents a 6,400 square foot office plaza ideally situated on a 0.53-acre corner lot in the heart of Pecos, Texas. Its prime location ensures high visibility and significant foot traffic, making it an attractive proposition for a variety of businesses. Currently, the plaza houses Comet Cleaners and an additional suite, offering immediate income potential. The ample parking available caters to the needs of tenants and their clients. The building's substantial size provides flexibility for expansion or subdivision, allowing for customization to suit diverse business requirements. This property represents a rare chance to acquire a well-established commercial space in a thriving Texas town. The strategic location, combined with the existing tenancy and significant square footage, makes this an excellent investment for both seasoned and aspiring commercial property owners. The property's strong potential for future growth and rental income makes it a compelling opportunity in the dynamic Pecos market. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this remarkable property offers. The asking price is $2,700,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.