Property profile

330 Texas Ave Waskom, TX 75692

OFF-MARKET
Grocery and convenience stores
Property ID
US82-3710461
9,600 SF 0.54 ac lot Built 1960
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving auto shop located at 330 W Texas Ave, Waskom, Texas, 75692. The property, classified as retail, is currently generating a gross monthly income of $2,600 from a lease agreement. The asking price for this established business is $450,000. Situated in Harrison County, this well-positioned auto shop benefits from its convenient location in Waskom, Texas. The property's coordinates are 32.47941233356244 latitude and -94.06218744879585 longitude. Potential buyers should be aware that a new survey will be required at the buyer's expense. Please note that direct contact with the tenants is discouraged. This property offers a strong return on investment with its consistent monthly income stream, making it an attractive proposition for savvy investors seeking a stable and profitable venture in the automotive repair sector. The property is categorized as an auto shop within the retail property type. This turnkey operation provides immediate income potential and requires no disruption to the existing tenant. Serious inquiries only.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1960
Total area 9,600 SF
Lot 0.54 ac (23,479 SF)
APN 02240.00490.00000.000000
UPID US82-3710461

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

330 Texas Ave Waskom, TX 75692-9273
Waskom metro Census 20106 LONGVIEW, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k

Owner & transaction history

1 recorded transaction
1969
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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