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Property profile & analytics
OFF-MARKET
Strip malls

308 Franklin St Anthony, TX 79821-7362

1,476 SF 0.39 ac lot Built 1940
Individually Owned 25-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3109527
Property summary
AI-generated overview

This exceptional 0.39-acre commercial property in Anthony, Texas, presents a unique investment opportunity. Located at 308 Franklin Street, this lot boasts two existing rental units, providing a combined 1,476 square feet of usable space. The versatile nature of the units makes them suitable for a variety of professional uses, including office space, retail, or other commercial ventures. The property's strategic location ensures excellent visibility and accessibility, maximizing its potential for attracting customers and clients. The high demand for commercial real estate in this area makes this a particularly attractive proposition for investors seeking strong returns. This is a rare chance to acquire a well-situated property with existing income potential, offering immediate returns and long-term growth prospects. The property's size and existing structures provide flexibility for immediate occupancy or potential redevelopment to suit specific business needs. Given the current market conditions and the property's features, this is an exceptional opportunity to establish a thriving business or expand an existing portfolio. The asking price of $294,799 reflects the property's value and potential for future appreciation. Serious inquiries are encouraged to explore this promising investment opportunity further. Don't miss out on this chance to secure a prime commercial property in a growing market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1940
Total area 1,476 SF
Lot 0.39 ac (17,019 SF)
APN L080-000-0021-0002
UPID US82-3109527
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Consuelo C Kassabaum
Consuelo C Kassabaum
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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