Individually Owned Property summary
AI-generated overview
This exceptional 2,650 square foot commercial property, located at 214 N Main Street in West, Texas, presents a unique investment opportunity. Situated on a 0.07-acre lot, the building boasts a captivating industrial-style design, featuring exposed brick walls, high ceilings with exposed ducting, and track lighting. Original plasterwork from the early 1900s adds historical character and charm. The versatile open layout is perfect for a variety of businesses, from retail boutiques to restaurants or cafes. The property includes two separate bathrooms, a utility/janitorial storage closet, and pre-installed plumbing for restaurant or bar fixtures, along with ample electrical capacity. An ADA-compliant outdoor space, enclosed by black pipe fencing, provides additional usable area. The seller is open to build-to-suit customization, offering a unique opportunity to tailor the space to your specific business needs. This prime commercial space in the heart of West offers a blend of historical charm and modern functionality, making it an ideal location for a thriving business. The asking price is $384,000.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1903
Construction
BRICK
Total area
2,650 SF
Lot
0.08 ac (3,267 SF)
Zoning code
C
APN
500001000011006
UPID
US83-4248447
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Real Estate Agency
-
Spa & Massage Center Skin Care Clinic
-
Cafe & Coffee Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$315k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$315k
Owner & transaction history
since 2019
5 recorded transactions
Zoning & alternative use
C · West, TX
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$315k
Value range
$284k – $347k
±10% around blend
Estimated value / SF
$119 / SF
Confidence
Low
3 county-verified comps
Property data
100
Comparable evidence
30
$284k
blend $315k
$347k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,650 SF
Lot area
0.08 ac
Year built
1903
Stories
1
APN
500001000011006
Zoning
C
Assessed value
$148,140
Annual tax
$3,006
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$593k
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
19.9 mi away · 2,640 SF
22.1 mi away · 2,080 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$315k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$148k
Move the market yield to see immediate price impact.
Value / SF
$56
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$9k
$187k
$133k
$104k
$10k
$207k
$148k
$115k
$11k
$228k
$163k
$127k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$530k
17.6 mi · Apr 2026 · $198/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$3,006
Tax year 2022
Assessed value
$148,140
Assessed 2023
Previous assessed
$148,140
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$11,380
Assessed improvement
$136,760
Land market value
$11,380
Improvement market value
$136,760
Total market value
$148,140
Applied tax rate
50.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1903
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,650 SF
Lot
0.08 ac (3,267 SF)
Zoning code
C
APN
500001000011006
UPID
US83-4248447
Jurisdiction
MCLENNAN
Zoning & alternative use
C · West, TXZoning C · permitted uses
C · West, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1903
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.08 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C
Jurisdiction
West, TX
Recorded code
C
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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