508 Monroe St Deport, TX 75435-2506
This exceptional 3,630 square foot office building, situated on a 0.34-acre lot at 508 Monroe Street in Deport, Texas, presents a unique investment opportunity. Currently configured as an office space, the property's adaptability allows for a wide range of uses. Imagine transforming this building into a thriving church, a vibrant event center, or any other business venture that aligns with your vision. The building itself is impeccably maintained, reflecting a commitment to quality and functionality. Beyond the building's inherent value lies the significant appeal of its surroundings. The rear of the property boasts a park-like setting, featuring a stunning array of mature trees, creating a tranquil and inviting atmosphere. This lush landscape adds considerable aesthetic value and provides a serene backdrop for any activity. The property's prime location in the heart of Deport, Texas, ensures excellent visibility and accessibility. This is a rare opportunity to acquire a versatile commercial property with significant potential in a desirable location. The asking price is $325,900. Don't miss this chance to own a piece of Deport's vibrant commercial landscape. Schedule a viewing today to explore the possibilities.
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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.