411 2nd St, Kerens, TX 75144-2523
- Commercial real estate
- 1,500 SF
- 0.55 lot acres
Current Use by Public Records
- ATM (Kerens Quik Stop) / Atm
- Sqrl / Gas Station
- U-Haul Neighborhood Dealer / Car Rental Facility
- Kerens Quik Stop / Gas Station
Property Details for 411 2nd St
- Year built
- 1986
- Lot size
- 0.55 lot acres
- Property type
- Commercial real estate
- APN
- 31557
- APU
- 31557
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 16, 2022 | — | Benjamin Cohanzad | 411 Nw 2nd Street LLC | Warranty Deed | — |
| Jan 4, 2022 | — | 411 Nw 2nd Street LLC | Krz Operations INC | Special Warranty Deed | — |
| Mar 4, 2016 | — | Krz Operations INC | Aman & K Enterprises LLC | Venders Lien | $544k · Austin Bank |
Description
This 1,500-square-foot convenience store and gas station, located at 411 NW 2nd Street in Kerens, Texas (zip code 75144), is offered for sale at $800,000 ($533.33 per square foot). The property is currently operating at 100% occupancy as a single-tenant owner-user business. This presents a unique opportunity to acquire a turnkey operation with significant upside potential. The sale includes the building, fuel pumps, canopy, underground storage tanks (USTs), and all associated equipment. The property is unbranded, allowing the new owner complete flexibility in choosing fuel suppliers and product offerings. This provides a chance to tailor the store to the local market and maximize profitability by expanding product lines to better serve existing customers and attract new ones. The asking price is significantly below replacement cost, making this an attractive investment opportunity. The location in Kerens, Texas, offers tax benefits for both C-store business owners and real estate investors, including property tax deductions and depreciation benefits, which can enhance returns. The property is available for sale, or lease terms can be negotiated. This is an exceptional opportunity to acquire a well-established business and real estate in a favorable tax environment.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Kerens
- County
- Navarro
- State
- Texas
- Longitude
- -96.2325
- Latitude
- 32.1324
- CBSA code
- 18620
- CBSA name
- CORSICANA, TX MICROPOLITAN STATISTICAL AREA
