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Property profile & analytics
FOR SALE
Commercial real estate

708 Main St Blanket, TX 76432

1,463 SF 0.07 ac lot
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-9426752
Property summary
AI-generated overview

This exceptional 1,463 square foot office building presents a unique investment opportunity in the heart of downtown Blanket, Texas. Situated on a 0.07-acre lot at 708 Main Street, this property enjoys a highly desirable location adjacent to the Pearl Cactus, a recently opened and popular dining establishment. The building's prime location ensures high visibility and accessibility, making it ideal for a business seeking a strong storefront presence. The interior layout is well-designed and functional, featuring a welcoming reception area, six generously sized private offices, and a convenient break room with a restroom. The building offers significant potential for immediate occupancy, although the buyer will be responsible for connecting water and sewer services, as well as restoring electrical functionality. This property is being sold in its current "as-is" condition, presenting a chance to acquire a valuable asset at an attractive price point of $74,000. The building's strategic location and versatile layout make it suitable for a variety of professional uses, offering a compelling opportunity for growth and success in a thriving Texas town. Don't miss this chance to establish your business in a vibrant and rapidly developing area. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 1,463 SF
Lot 0.07 ac (3,001 SF)
APN 48620
UPID US82-9426752
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Blanket Creek Yacht Club LLC · 6 yrs held
Blanket Creek Yacht Club LLC
since 2019
6 recorded transactions
2019
Price N/A
2017
Price N/A
2016
Price N/A
2015
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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