317 Center St Sabinal, TX
This exceptional commercial property, located at 317 Center in historic downtown Sabinal, Texas, presents a unique investment opportunity. The main building offers a substantial 6,069 square feet of vacant retail space, ideal for a variety of businesses seeking a prominent presence in this charming Texas town. The building's location in the heart of downtown ensures high visibility and accessibility to foot traffic and local residents. Adding to the property's versatility is a large unfinished apartment situated at the rear of the building. This apartment comprises 2,040 square feet and offers significant potential for conversion into residential rental units, adding a valuable income stream to the overall investment. The property sits on a lot with no acreage, making it easily manageable and low-maintenance. The asking price for this substantial commercial property is $185,000, representing a compelling opportunity for investors and entrepreneurs alike to establish themselves in a thriving community. The existing structure provides a solid foundation for immediate occupancy or extensive renovation, allowing for customization to suit specific business needs. This property is ready for its next chapter, offering a blend of retail and residential potential in a highly desirable location. Don't miss this chance to own a piece of Sabinal's rich history and vibrant future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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.