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Property profile & analytics
FOR SALE
Commercial real estate

304 N Main St Calvert, TX 77837

2,540 SF 0.75 ac lot Built 1981
Entity Owned Absentee Owner Free & Clear
Property ID
US83-0831214
Property summary
AI-generated overview

This exceptional investment opportunity presents two vacant, freestanding commercial buildings totaling 3,250 square feet on a 0.746-acre lot at 304 & 306 N Main Street in Calvert, Texas. The property, built in 1981, consists of two single-story structures. One building, 304 N Main Street, is a fully equipped restaurant with a drive-thru, ideal for fast food, coffee shops, or similar businesses. The included fixtures, furniture, and equipment encompass a complete kitchen, tables, chairs, neon signs, and televisions. A pylon sign on Main Street (Highway 6) enhances visibility. The second building, 306 N Main Street, is a multi-use structure featuring approximately 750 square feet of office space and a roll-up door, suitable for various uses including auto shops, light industrial, or warehouse purposes. This prime location boasts high visibility on State Highway 6, experiencing over 12,244 vehicles per day. Situated near Calvert's historic downtown district, the property benefits from the town's vibrant community and numerous amenities. The asking price is $250,000, translating to $76.92 per square foot. This presents a rare chance to acquire two established buildings in a thriving Texas town with significant potential for diverse commercial ventures.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1981
Total area 2,540 SF
Lot 0.75 ac (32,496 SF)
APN 030500-001055
UPID US83-0831214
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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
CASTLEGATE BUSINESS, INC
CASTLEGATE BUSINESS, INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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