Property profile

306 1st St Clyde, TX 79510

OFF-MARKET
Commercial real estate
Property ID
US83-0073076
2,323 SF Built 1935
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Nail Salon
  • Medical Clinic

Location

306 1st St Clyde, TX 79510-4729
Clyde metro Census 30101 ABILENE, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2014
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?”
You own 306 1st St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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