Property profile

700 Jefferson Ave Whitney, TX 76692

OFF-MARKET
Commercial real estate
Property ID
US83-0942902
1,892 SF 0.57 ac lot
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 700 E Jefferson Avenue in Whitney, TX, presents a unique investment opportunity. Situated on a half-acre lot, the 1,892 square foot building enjoys a prime location with high car traffic, ensuring excellent visibility and accessibility for potential businesses. The building itself features three bays equipped with roll-up doors, ideal for various commercial uses. Internal amenities include restrooms and a small office area, providing functional workspace. The property's versatility is further enhanced by the ample storage space available behind the building, offering additional potential for expansion or inventory management. The property's location in the heart of Whitney makes it an attractive option for a wide range of businesses, including but not limited to auto mechanics, tire and wheel shops, auto parts stores, or muffler shops. This is a rare opportunity to acquire a well-situated commercial property with significant potential for growth and profitability in a thriving Texas town. The asking price is $149,900. Don't miss this chance to secure a valuable asset in a high-demand area.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 1,892 SF
Lot 0.57 ac (24,960 SF)
APN 395084
UPID US83-0942902

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

700 Jefferson Ave Whitney, TX 76692-2437
Whitney metro Census 960600
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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