308 Franklin St Anthony, TX 79821-7362
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.