Technical
Financial
Distress signals
Property profile

308 Franklin St Anthony, TX 79821

OFF-MARKET
Strip malls
Property ID
US82-3109527
1,476 SF 0.39 ac lot Built 1940
Individually Owned 25-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial land parcel in Anthony, Texas, zoned C1 and intended to support uses such as a neighborhood shopping center, strip center/mall, apartments, or mixed-use development. It is a corner lot at the intersections of Franklin & 4th and Jefferson & 4th, with a total lot size of 22,100 square feet (approximately 0.5 acre) as reflected by a recent survey, and it has two addresses: 308 and 312 Franklin. The 4th Street corner address (312 Franklin) is improved with a site used by a self-service water distributor; this business is on-site and associated with the use of that corner. The 308 Franklin address includes a 1,476-square-foot duplex configured as Side A and Side B: Side A is leased to a jeweler, and Side B is a vacant 1-bedroom apartment with Sentri Lockbox access. The parcel is located within an Enterprise Zone.

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

Location

308 Franklin St Anthony, TX 79821-7362
Anthony metro Census 10203 EL PASO, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

1 recorded transaction
1969
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
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