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Property profile & analytics
FOR SALE
Commercial real estate

607 N Old Temple Rd Hewitt, TX 76643

1,440 SF 0.19 ac lot Built 1970
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US82-1726062
Property summary
AI-generated overview

This exceptional retail opportunity is situated on a high-traffic intersection in Hewitt, Texas, conveniently located approximately half a mile from Interstate 35. The property boasts a 1,900 square foot building that previously housed a thriving convenience store and cafe. The sale includes four lots totaling 1.12 acres. Two corner lots directly support the existing building, while two additional lots on Western Way offer significant potential for expansion or alternative residential development. A fuel pump canopy is in place, and underground fuel tanks are present with a recent inspection report available. The building itself features a well-maintained interior, including a nearly new seven-door cooler with shelving, a point-of-sale counter, and a fully equipped kitchen area. Kitchen equipment includes a four-foot commercial grill, fryer, refrigerated work counter, display warmer, and a large commercial vent hood. The previous business included seating for approximately 63 patrons (15 tables and 48 chairs). The property is zoned C-1, allowing for a variety of commercial uses. This is a turnkey opportunity for an entrepreneur looking to establish a successful business in a prime location. Additional parcel IDs are 138880, 147923, and 147924. The asking price is $725,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Construction STEEL FRAME
Total area 1,440 SF
Lot 0.19 ac (8,276 SF)
Zoning code C1
APN 363200000001008
UPID US82-1726062
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
by Request
Owner & transaction history
Kent Distributors INC · 8 yrs held
Kent Distributors INC
since 2017
2 recorded transactions
2017
Price N/A
2008
Price N/A
Zoning & alternative use
C1 · Hewitt, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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