Property profile

220 N Travis Ave Cleveland, TX 77327

FOR LEASE
Commercial real estate
Property ID
US82-4659423
600 SF 0.09 ac lot Built 1984
Entity Owned 7-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This single-story, 600-square-foot commercial property, built in 1984, is ideally situated in the heart of downtown Cleveland. Its versatile design makes it suitable for a variety of uses, catering to both retail and office tenants. The building boasts a single tenancy, offering an owner-occupier or investor a streamlined and efficient operation. The property's prime downtown location provides excellent visibility and accessibility, benefiting from high foot traffic and proximity to key amenities. With its straightforward layout and adaptable space, this property presents a unique opportunity for businesses seeking a convenient and well-positioned location. The 600 square feet offer ample space for a small business or a satellite office, providing a cost-effective solution for companies looking to establish a presence in the vibrant downtown Cleveland area. The single-tenant occupancy simplifies management and reduces the complexities often associated with multi-tenant properties. This property is a blank canvas, ready for a business to personalize and make its own. Its 1984 construction provides a solid foundation for a long-term investment, offering a chance to capitalize on the ongoing growth and revitalization of downtown Cleveland. The property's single-story design ensures easy accessibility and efficient use of space. This is an exceptional opportunity to acquire a well-located, manageable commercial property in a thriving urban environment.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1984
Total area 600 SF
Lot 0.09 ac (3,746 SF)
APN R37076
UPID US82-4659423

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
  • Restaurant
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice

Location

220 N Travis Ave Cleveland, TX 77327
Cleveland metro Census 700200 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
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