For Sale
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Property summary
This 4,461 square foot commercial building is situated on a 0.29-acre lot at 621 E 1st Street in Hereford, Texas. Its prime location directly off Highway 60 ensures high visibility and accessibility, making it ideal for a variety of businesses seeking to expand their reach and revenue. The property offers ample space for a wide range of commercial uses, providing significant potential for growth and profitability. The building's size and strategic location present a unique opportunity for entrepreneurs and established businesses alike. This property is priced competitively at $480,000, representing a strong value proposition in the current market. Given its prominent location and substantial square footage, this commercial property is poised for success and represents a compelling investment opportunity in a thriving Texas community. The property's convenient highway access ensures easy commutes for employees and customers, further enhancing its appeal. Serious inquiries are encouraged to explore the possibilities this exceptional commercial space offers. Don't miss this chance to secure a prime location for your business venture in Hereford, Texas.
Property profile
VerifiedCap rate & NOI
Current use
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Department Store
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Art Gallery
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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