You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail space

217 Main St Highlands, TX 77562-3807

2,848 SF 0.11 ac lot Built 1957
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US82-2378544
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,848 square foot, single-story building on a substantial 22,500 square foot lot in Highlands, Texas. The property, built in 1957 and renovated in 2020, is classified as Class B and boasts a convenient drive-through lane. Currently configured as a single-tenant space, it's ideally suited for a variety of uses, including convenience stores, quick-service restaurants, or other retail ventures. The property includes three combined lots: a 4,950 square foot lot containing the building, a 7,050 square foot parking lot, and an additional 7,500 square foot vacant lot. Its strategic location near a major Food Town grocery store ensures high visibility and significant daily traffic. Surrounded by thriving businesses, including other restaurants and gas stations, this property offers excellent potential for growth and profitability. The asking price is $850,000, translating to $298.46 per square foot. The ample lot size and existing infrastructure provide significant flexibility for future development or expansion. This is a rare chance to acquire a well-located, versatile commercial property in a bustling Texas community. The property will soon be vacant, presenting a clean slate for a new tenant or owner-operator.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1957
Construction FRAME
Total area 2,848 SF
Lot 0.11 ac (4,948 SF)
APN 610510010007
UPID US82-2378544
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
  • Mariela Hair Studio Hair Salon
  • Good Heart Resale Shop Discount Store (Bike/Boat/Book/etc) Store
  • Moso Cellular Mobile Phone Store Electronics & Wireless Store
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
C & V Investments LLC · 7 yrs held
C & V Investments LLC
since 2019
3 recorded transactions
2019
Price N/A
2000
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 217 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message