702 N 5Th St Alpine, TX 79830
- Commercial real estate
- 2,098 SF
- 0.24 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 702 N 5Th St
- Year built
- 1960
- Lot size
- 0.24 lot acres
- Property size
- 2,098 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a prime commercial property located at 702 N 5th Street in Alpine, Texas. The property encompasses a substantial 2,098 square feet situated on a desirable 0.24-acre corner lot, ensuring high visibility and accessibility. The main structure is a well-maintained duplex, providing immediate rental income potential. Adding to its appeal are two additional rental units, further enhancing the property's cash flow generation capabilities. This multi-family complex is ideally suited for investors seeking a strong return on investment in a consistently robust rental market. Alpine's thriving economy and limited inventory create a landlord-favorable environment, making this a particularly attractive proposition. The property's location on a main street guarantees excellent exposure and convenient access for tenants and visitors alike. This is a rare opportunity to acquire a well-positioned, income-producing commercial property in a highly sought-after location. The asking price of $395,000 reflects the exceptional value and potential of this turnkey investment. Serious inquiries are encouraged to explore this lucrative opportunity further. Don't miss out on this chance to secure a significant piece of Alpine's commercial real estate landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alpine
- County
- Brewster
- State
- Texas
- Longitude
- -103.6633
- Latitude
- 30.36309
