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Property profile & analytics
FOR SALE
Commercial land

611 W Spring Valley Rd Hewitt, TX 76643

0.42 ac lot
Individually Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US82-2736599
Property summary
AI-generated overview

This exceptional commercial property, located at 611 W Spring Valley Road in Hewitt, Texas, presents a unique investment opportunity. The building boasts a substantial 6,504 square feet of versatile office space, perfectly suited for a diverse range of businesses. Situated on a generous 0.58-acre lot, the property offers ample parking and room for expansion or future development. The flexible layout allows for customization to meet specific tenant requirements, making it an ideal choice for companies seeking adaptable workspace. The building's prime location in Hewitt provides easy access to major transportation routes, ensuring convenient commutes for employees and clients. The asking price of $550,000 represents exceptional value for a property of this size and quality in a thriving market. This is a rare opportunity to acquire a well-maintained commercial building with significant potential for growth and return on investment. The property's adaptability and strategic location make it an attractive prospect for businesses seeking a strong foothold in the Hewitt area. Don't miss this chance to secure a valuable asset in a desirable location. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.42 ac (18,208 SF)
Zoning code C
APN 363369000001020
UPID US82-2736599
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
Thangavel P Sivam · 7 yrs held
Thangavel P Sivam
since 2019
7 recorded transactions
2019
Price N/A
2019
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C · Hewitt, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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More about this property
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