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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

516 Pinson Rd Forney, TX 75126

1,331 SF 0.2 ac lot Built 1970
Property ID
US82-3223035
Property summary
AI-generated overview

This exceptional 1,331 square foot retail property, situated on a 0.2-acre lot at 516 Pinson Road in Forney, Texas, presents a remarkable investment opportunity. Its prime location on a busy thoroughfare ensures high visibility and accessibility, surrounded by successful, established businesses. The property benefits from its proximity to Highway 80 and Forney's vibrant historic downtown, offering convenient access to a large customer base. The existing building offers a flexible layout, including a potential waiting room/reception area, individual offices, a kitchen/breakroom, and a bathroom. This provides an immediate opportunity to establish a business with minimal upfront construction costs. Alternatively, the spacious lot allows for the construction of a completely new building tailored to specific business needs. This presents a unique chance to capitalize on Forney's impressive economic growth and create a thriving commercial enterprise in a highly desirable location. The asking price is $550,000. Don't miss this chance to own a piece of Forney's burgeoning commercial landscape.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1970
Total area 1,331 SF
Lot 0.2 ac (8,712 SF)
UPID US82-3223035
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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