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Property profile & analytics
OFF-MARKET
Commercial real estate

411 2nd St Kerens, TX 75144-2523

1,500 SF 0.55 ac lot Built 1986
Individually Owned 3-yr Hold Free & Clear
Property ID
US82-5607048
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Total area 1,500 SF
Lot 0.55 ac (23,784 SF)
APN 31557
UPID US82-5607048
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
  • ATM (Kerens Quik Stop) Atm
  • Sqrl Gas Station
  • U-Haul Neighborhood Dealer Car Rental Facility
  • Kerens Quik Stop Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Benjamin Cohanzad · 3 yrs held
Benjamin Cohanzad
since 2022
3 recorded transactions
2022
Price N/A
2022
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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