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Property profile & analytics

308 Franklin St Anthony, TX 79821

  • Strip malls
  • 1,476 SF
  • 0.39 lot acres
Value Estimations
Cap Rate Potential
2.2%
Strip malls
Location Intelligence
Property ID
US82-3109527
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Strip malls

Property Details for 308 Franklin St

Year built
1940
Lot size
0.39 lot acres
Property size
1,476 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
L080-000-0021-0002
APU
L08000000210002

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $315,000
  • Alternative Use

    Use
    Estimation
    AUTO REPAIR, GARAGE
    $200,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Anthony
County
El Paso
State
Texas
Longitude
-106.603
Latitude
31.9989
CBSA code
21340
CBSA name
EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,447
$45,947
$88,842
$134,789
-
$45,947
$88,842
$134,789
More about this property
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