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Property profile & analytics
OFF-MARKET
Individual retail properties

306 Main St Clute, TX 77531-4798

3,072 SF 0.26 ac lot Built 1996
Individually Owned 28-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3048063
Property summary
AI-generated overview

This stabilized investment opportunity presents a 3,072 square foot shopping center in Clute, Texas, situated on a 11,160 square foot lot. Built in 1996, the property features one building with 18 parking spaces and boasts two established businesses: a beauty salon and a clothing boutique. Each business includes a reception area, kitchenette, laundry room, and two restrooms. The beauty salon features nine stations, four water bowls, and two dryers (conveyance optional). The property's prime location on East Main Street offers convenient access to Highway 288, ensuring high visibility and foot traffic. The asking price is $475,000, translating to $154.62 per square foot. Owner financing is available, making this an attractive proposition for investors seeking a turnkey retail operation with significant upside potential. The property is 100% owned and presents a rare opportunity to acquire a well-established, multi-tenant retail center in a thriving Texas community.

Property profile
Verified
Property type Individual retail properties
Use group BARBER, HAIR SALON
Year built 1996
Total area 3,072 SF
Lot 0.26 ac (11,160 SF)
APN 7986-0101-110
UPID US82-3048063
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
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Romeo Gallardo · 1 yrs held
Romeo Gallardo
since 2025
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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