411 2nd St Kerens, TX 75144-2523
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.
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Kerens Quik Stop Gas Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.