709 Tilford Ave Ralls, TX 79357
The Ralls Inn, a remarkable 28,000 square foot mixed-use property located at 709 Tilford Ave, Ralls, TX 79357, presents a unique investment opportunity. Built in 1925, this five-story building sits on a 21,000 square foot lot and boasts a rich history. Currently operating at 85% occupancy, the property comprises five retail spaces and five apartments, four of which are currently occupied. Adding to its versatility, the Inn includes an event ballroom, perfect for generating additional revenue streams. A substantial 6,000 square foot shop building further enhances the property's commercial potential. This expansive property offers a blend of residential and commercial uses, making it an attractive investment for those seeking a diversified portfolio. The asking price for this piece of Texas history is $199,950. The property's prime location in the heart of Ralls, Texas, ensures strong potential for future growth and profitability. This is a rare chance to acquire a well-established, multi-faceted property with significant income-generating capabilities. The building's substantial size and diverse offerings provide ample room for expansion and customization to meet evolving market demands. Don't miss this exceptional opportunity to own a piece of Ralls' vibrant past and secure a promising future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.