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Property profile & analytics
FOR SALE
Commercial real estate

702 Upton Ave Schulenburg, TX 78956

2,600 SF 0.07 ac lot
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-6048663
Property summary
AI-generated overview

This exceptional 2,600 square foot mixed-use building is situated on a 0.07-acre corner lot in the heart of downtown Schulenburg, Texas, directly across from the local police department. The property boasts high visibility and significant foot traffic, making it ideal for a variety of businesses. The main section offers flexible space perfect for retail or office use, previously occupied by a Sears store and an electrical contractor. A rear warehouse with a mezzanine provides ample additional storage space, easily accessible via a convenient side door. This location benefits from a thriving downtown area experiencing growth with new businesses and restaurants. The building's versatility makes it suitable for numerous uses, including e-commerce retailers needing storage and office space, contractors and tradespeople requiring equipment storage and administrative areas, small manufacturers, distribution companies, service providers, startups, catering operations, creative enterprises, health and wellness providers, and logistics and freight companies. Whether you're a new venture seeking flexible space or an established business looking to expand, this property offers a unique opportunity to establish a strong presence in a growing community. The building's history as a Sears store and electrical contractor's site speaks to its durability and adaptability.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 2,600 SF
Lot 0.07 ac (3,141 SF)
APN 44746
UPID US82-6048663
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
Prosigma Investments LLC · 4 yrs held
Prosigma Investments LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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