Technical
Financial
Distress signals
Property profile

318 Hewitt Dr Hewitt, TX 76643

OFF-MARKET
Commercial real estate
Property ID
US82-1130647
3,072 SF 0.45 ac lot Built 1980
Entity Owned 11-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 3,072 square foot single-tenant retail property, located at 318 N Hewitt Dr in Hewitt, TX, presents a unique investment or leasing opportunity. Built in 1980, the entire building is currently vacant, offering a blank canvas for a new business venture. The property's classification is a gas station, situated in McLennan County, and benefits from a highly visible location, ideal for attracting customers. The flexible layout allows for customization to suit a variety of business needs. This property is perfect for entrepreneurs seeking a well-positioned space to establish or expand their operations. The substantial square footage provides ample room for various retail uses, and the single-tenant occupancy ensures complete control and flexibility. The property's strategic location promises high traffic and excellent visibility, making it an attractive proposition for businesses seeking maximum exposure. This is a rare opportunity to acquire a well-located, sizable retail space in a thriving area. Serious inquiries are encouraged to explore the potential of this remarkable property.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Construction CONCRETE BLOCKS
Total area 3,072 SF
Lot 0.45 ac (19,733 SF)
Zoning code C-2
APN 363110000003002
UPID US82-1130647

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

318 Hewitt Dr Hewitt, TX 76643-3042
Hewitt metro Census 3711 WACO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2015
3 recorded transactions
2015
Price N/A
2009
Price N/A
2007
Price N/A

Zoning & alternative use

C-2 · Hewitt, TX
Zoning description

2.110. C-2 general commercial district. A. Purpose. The C-2 district is established to accommodate those uses that are of citywide and regional significance. Within this district are permitted retail, service, and office…

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 318 Hewitt Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message