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Property profile & analytics
OFF-MARKET Estimated value $740,000
Commercial real estate

416 Campbell Loraine, TX 79532

14,882 SF 1.29 ac lot
Individually Owned 3-yr Hold Free & Clear
Property ID
US83-1844411
Property summary
AI-generated overview

This exceptional 1.29-acre commercial property located at 416 W Campbell in Loraine, TX, presents a unique investment opportunity. Previously utilized as a nursing home, the building offers significant versatility and substantial square footage spread across two distinct wings. Each wing features multiple rooms, providing ample space for a variety of uses. Imagine transforming this property into a thriving Airbnb, a collection of individual office spaces, secure storage units, or even a captivating event center. The possibilities are truly limitless. The property boasts a large, well-equipped kitchen, perfect for catering events or supporting multiple tenants. A separate laundry room is conveniently located behind the main building. The expansive lot extends a full city block, providing extensive parking for tenants or guests. The seller is highly motivated, making this an exceptional opportunity for a discerning investor to acquire a substantial property at an attractive price point of $45,000. The property's size and location offer significant potential for future appreciation and diverse income streams. Don't miss this chance to capitalize on this remarkable investment opportunity in Loraine, Texas. The property is being sold "as is."

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 14,882 SF
Lot 1.29 ac (56,001 SF)
APN 02030-00021-00009-000000
UPID US83-1844411
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$740k
Owner & transaction history
Mutombo Jack Naweji · 3 yrs held
Mutombo Jack Naweji
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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