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Property profile & analytics
OFF-MARKET
Commercial real estate

339 Farm Rd 2653rd S Brashear, TX 75420-5421

5,228 SF 7.76 ac lot Built 2005
Individually Owned 5-yr Hold
Property ID
US82-5619004
Property summary
AI-generated overview

This exceptional 7.76-acre property in Brashear, Texas, presents a unique investment opportunity. The property boasts a 2005-built, two-story, 4,700 square-foot structure combining a 1,800 square-foot, two-bedroom, two-bathroom barndominium with a spacious 2,900 square-foot workshop. The workshop features a 14-foot ceiling height and double roll-up doors on each side, providing ample space for various commercial uses or extensive storage. The barndominium offers a comfortable living space with a spacious living area, dining area, and kitchen, complemented by beautiful wood trim and custom metal front doors. Upstairs, a bonus room or office and a 13x22-foot storage area offer additional versatility. The property includes a gated entrance with a new pipe fence, a pond, and is conveniently located near Interstate 30, between Sulphur Springs and Greenville, offering easy access to Dallas (approximately 45 minutes away). The property is zoned for commercial, flex, and residential use, allowing for a wide range of possibilities, including owner-occupancy, rental income, or a combination thereof. The property has no restrictions, providing flexibility for future development. The asking price is $432,800, with a price per square foot of $92.09. This property offers a blend of residential comfort and significant commercial potential, making it an attractive investment for discerning buyers. The large rock driveway provides ample parking, even for large trucks. The approximately 1600 square feet of the home is heated and cooled, helping to keep utility costs down. The workshop is also insulated.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Total area 5,228 SF
Lot 7.76 ac (338,026 SF)
APN R000012062
UPID US82-5619004
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Russell Joseph Lester III · 5 yrs held
Russell Joseph Lester III
since 2021
2 recorded transactions
2021
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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