709 W Commerce St Brownwood, TX 76801
For Sale
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This exceptional commercial property, located at 709 W Commerce in Brownwood, Texas, presents a unique investment opportunity. The 1,183 square foot office building sits on a 0.41-acre lot and boasts highly desirable highway frontage, ensuring excellent visibility and accessibility. Currently, the property requires some renovation to reach its full potential. The existing structure offers a solid foundation for conversion into a modern and functional office space, or alternatively, could be adapted for retail use. The property's strategic location within Brownwood offers significant advantages for businesses seeking a prominent presence in a growing market. However, prospective buyers should be aware that two residential houses located at the rear of the property will need to be removed prior to any significant development or renovation. This presents an opportunity to create a more cohesive and expansive commercial space. The asking price for this promising property is $299,000. This is a chance to acquire a well-positioned commercial asset with significant upside, requiring vision and investment to unlock its full potential. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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.