You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $700,000
Commercial real estate

607 Elm St Graham, TX 76450-3067

8,700 SF 0.24 ac lot Built 1905
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-6516940
Property summary
AI-generated overview

This exceptional 17,400 square foot property, situated on a 0.21-acre lot at 607 Elm Street in Graham, Texas, presents a remarkable investment opportunity within the city's historic district. The building boasts a captivating blend of preserved historical charm and modern functionality. The ground floor has undergone a complete renovation, featuring brand new electrical, plumbing, and HVAC systems. Original historical elements, such as doors and ceiling tiles, have been carefully preserved, adding to the property's unique character and appeal. Currently, this level houses a successful restaurant and tap house, providing immediate income potential. The upper level, formerly a hotel, offers significant redevelopment potential. This space presents a unique opportunity to create boutique accommodations, catering to the growing tourism sector. A balcony provides scenic downtown views, enhancing the overall ambiance and appeal. A new elevator shaft is already installed, ensuring convenient accessibility for all. This property represents a rare chance to acquire a piece of Graham's rich history while simultaneously capitalizing on the potential for significant commercial success in a vibrant downtown location. The asking price is $1,755,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1905
Total area 8,700 SF
Lot 0.24 ac (10,454 SF)
APN 2767
UPID US82-6516940
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
  • Goosehead Insurance - Helm Insurance Services Insurance Agency
  • Stroud Asset Management Financial Advisor
  • Eberhart Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$700k
Owner & transaction history
Bob Hart Texas Properties LLC · 3 yrs held
Bob Hart Texas Properties LLC
since 2023
2 recorded transactions
2023
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 607 Elm St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message