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Property profile & analytics
OFF-MARKET
Commercial real estate

309 Clay St Nocona, TX 76255-2105

1,750 SF Built 1930
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US82-8288939
Property summary
AI-generated overview

This exceptional 1,750 square foot retail property is ideally situated in the heart of Historic downtown Nocona, Texas. Recently remodeled in 2022, this building presents a fantastic opportunity for a discerning business owner or entrepreneur seeking a high-visibility location. The property boasts convenient access from both Clay Street and a rear alley, ensuring excellent accessibility for customers and deliveries. Its prime location places it amongst other recently renovated businesses and buildings, creating a vibrant and attractive commercial environment. The 0.57-acre lot provides ample space, while the building's 1,750 square feet offer versatile interior space adaptable to a variety of commercial uses. The property's recent renovation ensures modern amenities and a move-in ready condition, minimizing upfront investment and maximizing immediate occupancy. This is a rare opportunity to acquire a turn-key retail space in a thriving downtown area with significant potential for growth and success. The asking price is $299,000. Don't miss this chance to establish your business in a highly desirable and revitalized location. Contact us today to schedule a showing.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1930
Total area 1,750 SF
APN R000003113
UPID US82-8288939
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
Current use
Occupant on record · Public records
  • Lone Star Finance Loan Service
  • Nocona Branding (Bike/Boat/Book/etc) Store
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
Benjamin Van Wingerden · 5 yrs held
Benjamin Van Wingerden
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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