301 Washington St West, TX 76691-1453
This exceptional 0.16-acre commercial land parcel presents a unique investment opportunity in the thriving downtown area of West, Texas. Located at 301 N Washington St, West, TX 76691, this property is ideally situated for a variety of commercial ventures. Its prime location offers excellent visibility and accessibility, benefiting from high foot traffic and proximity to major roadways. The property's size allows for flexible design to accommodate diverse business needs, from retail spaces to offices or specialty shops. The surrounding area boasts a blend of established businesses and new developments, creating a dynamic and promising environment for growth. Furthermore, this property is designated as an Opportunity Zone, providing significant tax advantages for investors seeking long-term returns in an economically revitalized community. This strategic location, combined with the Opportunity Zone designation, makes this 0.16-acre lot an exceptional investment opportunity in a growing Texas town. The asking price is $64,900. The property is zoned for commercial use and is easily accessible from all parts of West and beyond. Don't miss this chance to be part of West, Texas's continued expansion.
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
Property description
Physical attributes from public recordsZoning & alternative use
C · West, TXWest. Always verify with local authorities before improvements.
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.