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Property profile & analytics
OFF-MARKET Estimated value $1,175,000
Commercial real estate

709 Tilford Ave Ralls, TX 79357

28,020 SF 0.48 ac lot Built 1925
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-1055815
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1925
Total area 28,020 SF
Lot 0.48 ac (21,000 SF)
APN R11994
UPID US83-1055815
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
$1.18M
Owner & transaction history
Michael Rowe · 2 yrs held
Michael Rowe
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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