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Property profile & analytics
OFF-MARKET
Commercial real estate

306 1st St Clyde, TX 79510-4729

2,323 SF Built 1935
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-0073076
Property summary
AI-generated overview

This exceptional commercial property, located at 306 North 1st Street in Clyde, Texas, presents a compelling investment opportunity. The 1,875 square foot building offers two distinct units, providing flexibility for a variety of uses. One unit is currently leased, generating immediate rental income, while the second unit is available for customization to suit specific business needs or for additional lease revenue. Situated in downtown Clyde, this property benefits from high visibility and convenient access, making it an attractive location for businesses seeking a presence in a growing community. The property's versatility makes it suitable for a range of commercial ventures, including but not limited to medical offices, retail spaces, or daycare facilities. The asking price is $1,400,000. This property offers a unique chance to capitalize on the thriving local market, whether for establishing a new business or expanding an existing investment portfolio. The property is classified as industrial and land, with a warehouse and commercial subtype. The address is 306 North 1st Street, Clyde, TX 79510.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1935
Total area 2,323 SF
APN R000012231
UPID US83-0073076
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
  • Painted Lady Spa Nail Salon
  • Clyde Physical Therapy, PLLC Medical Clinic
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
Sam Hayes · 3 yrs held
Sam Hayes
since 2022
2 recorded transactions
2022
Price N/A
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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