608 Pearl Stratford, TX 79084
This exceptional commercial property, situated at 608 N Pearl Street in the heart of Stratford, Texas, presents a unique investment opportunity. Spanning 0.19 acres, the property features a versatile workshop ideally suited for a variety of uses, including a hobby shop or equipment storage. The building boasts durable concrete floors, reliable electricity, and a wood-burning stove providing efficient heating. A large roll-up door ensures easy access for vehicles and equipment. A half bathroom adds convenience. The property is fully fenced with a metal fence, enhancing security and privacy. The strategic location in the town center offers excellent visibility and accessibility. This one-of-a-kind property is priced affordably at $65,000 and offers significant potential for various commercial ventures. The combination of its central location, practical features, and competitive price makes this an attractive proposition for discerning buyers seeking a functional and well-situated commercial space. Don't miss this chance to acquire a versatile property with numerous possibilities. The property's size and features make it suitable for a range of businesses or personal uses. Its secure, fenced environment adds to its appeal. The asking price represents excellent value for a property of this type in this desirable location.
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
No recorded transactions found for this property.
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.