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Property profile & analytics
OFF-MARKET Estimated value $705,000
Commercial real estate

405 3rd St Blanco, TX 78606-2159

10,942 SF 0.23 ac lot Built 1988
Individually Owned Absentee Owner Free & Clear
Property ID
US82-7260796
Property summary
AI-generated overview

This exceptional 10,942 square foot commercial property is ideally situated just off the Courthouse Square in the thriving town of Blanco, Texas. Boasting a prime 0.23-acre lot, this general commercial space presents a unique opportunity for investors and entrepreneurs alike. The property's current high revenue stream offers immediate returns, while the significant growth experienced in Blanco ensures substantial potential for future expansion and increased profitability. Imagine establishing your dream business in a vibrant community, benefiting from the town's flourishing economy and strong local support. The strategic location near the Courthouse Square provides excellent visibility and accessibility, attracting a steady flow of customers. This property is a rare find, combining established success with immense upside in a desirable Texas Hill Country town. Don't miss this chance to capitalize on Blanco's booming market and secure a valuable asset with exceptional earning potential. The property's size and location make it suitable for a variety of commercial ventures, allowing for customization to fit your specific business needs. This is an opportunity to invest in a thriving community and build a successful future.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1988
Total area 10,942 SF
Lot 0.23 ac (10,071 SF)
APN R9220
UPID US82-7260796
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
Current use
Occupant on record · Public records
  • On the Square Clothing Store
  • Spring Cleaners inside Liz on the Square (Bike/Boat/Book/etc) Store
  • Cranberry's Antiques Home Decor Store Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
$930k
Blend (final) Blend
$705k
Owner & transaction history
SHARON DENARDLYNCH
SHARON DENARDLYNCH
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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