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Property profile & analytics
OFF-MARKET Estimated value $595,000
Commercial real estate

512 County Rd 220 Hobson, TX 78117-5403

6,116 SF 0.47 ac lot Built 2002
Entity Owned Absentee Owner Free & Clear
Property ID
US83-1448317
Property summary
AI-generated overview

This exceptional commercial property, located at 512 County Road 220 in Hobson, Texas, presents a significant investment opportunity. The building boasts a substantial 5,000 square feet of usable space, offering ample room for a variety of commercial ventures. Its strategic location in Hobson provides convenient access to local amenities and transportation routes, making it an ideal site for businesses seeking high visibility and accessibility. The property is situated on a lot with no acreage, making it a low-maintenance option for potential buyers. Priced competitively at $850,000, this property represents an excellent value for its size and location. The building's versatile layout allows for customization to suit diverse business needs, making it a highly attractive prospect for entrepreneurs and established businesses alike. The absence of acreage simplifies land management, reducing operational costs and allowing for a focus on core business activities. This is a rare opportunity to acquire a substantial commercial property in a desirable location at an attractive price point. Serious inquiries are encouraged to explore the potential of this exceptional investment. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2002
Total area 6,116 SF
Lot 0.47 ac (20,473 SF)
APN 61235
UPID US83-1448317
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
  • Hobson Store Building Supply Hardware & Home Improvement
  • M Foster Construction Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$595k
Owner & transaction history
HOBSON STORE LLC
HOBSON STORE LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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