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Property profile & analytics
OFF-MARKET Estimated value $1,090,000
Commercial real estate

2351 Fm 2458 Justiceburg, TX 79330-2521

5,784 SF 2.98 ac lot Built 2008
Entity Owned Absentee Owner Free & Clear
Property ID
US83-1094836
Property summary
AI-generated overview

This exceptional commercial property in Justiceburg, Texas, presents a unique investment opportunity. Located at 2351 Fm 2458, the property boasts a substantial 4,000 square foot retail building situated on a generous 3.45-acre lot. Previously operating as a lake supply store, this versatile space offers endless possibilities for a variety of commercial ventures. The zoning is commercial with no restrictions, providing maximum flexibility for the new owner. A significant advantage is the inclusion of a comfortable home on the property. This residence features granite countertops, custom crown molding and trim, oversized closets, and ample storage space. The kitchen is fully equipped with a large island and all appliances are included. A convenient mudroom and laundry room with washer and dryer complete the home's amenities. The property's proximity to Lake Alan Henry provides exceptional potential for businesses catering to lake activities and tourism. This combination of commercial space and residential living makes this a truly unique and attractive investment opportunity. The asking price is $375,000. Don't miss this chance to own a substantial property with significant upside potential in a desirable location. Contact us today to schedule a showing.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2008
Total area 5,784 SF
Lot 2.98 ac (129,939 SF)
APN 390-0000-0000-087-00-00
UPID US83-1094836
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.17M
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$1.09M
Owner & transaction history
MACKENZIE PEAK PROPERTIES LLC
MACKENZIE PEAK PROPERTIES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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