6845 2nd St Canutillo, TX 79835-5433
This exceptional 0.89-acre commercial property in Canutillo, Texas, presents a remarkable investment opportunity. Situated on a highly desirable corner lot at 6845 2nd Street, this property offers unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. Currently featuring a home and studio, along with expansive living areas and a unique landscape including over 200 pomegranate trees, the property provides immediate income potential while offering significant development possibilities. The spacious lot allows for the creation of multi-unit dwellings, such as apartments or duplexes, catering to the growing demand for housing in the area. Its strategic location near I-10 and Doniphan Drive ensures convenient access to major transportation routes, enhancing its appeal to both businesses and residents. The vibrant Canutillo community boasts nearby amenities, including parks, schools, and shopping centers, contributing to a desirable lifestyle. This property's combination of existing structures, ample space, and prime location makes it a truly exceptional investment, ready for an entrepreneur's vision to transform it into a thriving commercial enterprise. The property is priced at $440,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.