Property summary
This exceptional 53.47-acre property at 3212 W Broadway Street in Sweetwater, Texas, presents a unique investment opportunity. The site boasts a drive-in theater, adding a nostalgic element to its diverse offerings. In addition to the entertainment venue, the property includes thirty single-story multi-family dwellings, providing a substantial rental income stream. The expansive acreage offers significant potential for future development or expansion. Conveniently located on Business 20, the property enjoys easy access to Interstate 20, ensuring excellent visibility and accessibility. This location provides convenient access for residents and patrons alike. The property carries a rich history, having served as housing for the World War II Women Airforce Service Pilots (WASP) program, adding a significant historical context and potential for unique marketing opportunities. The total square footage of all buildings is 25,916 square feet. This multifaceted property offers a blend of established income generation and significant future development potential, making it an attractive investment for a discerning buyer. The asking price is $332,000. This is a rare opportunity to acquire a substantial property with a compelling history and diverse income streams in a desirable location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.