Property profile

3212 W Broadway St Sweetwater, TX 79556

FOR SALE
Commercial real estate
Property ID
US82-6127288
1,040 SF 3.07 ac lot Built 1980
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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For Sale
Contact for pricing 1,040 SF
3212 W Broadway St, Sweetwater, TX 79556
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Property summary

AI-generated overview

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

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Total area 1,040 SF
Lot 3.07 ac (133,555 SF)
APN N0277-0012-01
UPID US82-6127288

Cap rate & NOI

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

Location

3212 W Broadway St Sweetwater, TX 79556
Sweetwater metro Census 950100 SWEETWATER, TX MICROPOLITAN 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
$150k

Owner & transaction history

since 2021
1 recorded transaction
2021
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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