714 Coggin Ave Brownwood, TX 76801
This 1.6-acre commercial lot, located at 714 Coggin Avenue in Brownwood, Texas, 76801, presents a unique investment opportunity. The property is zoned C1 and boasts a highly desirable location. Situated across the street from a consistently high-occupancy apartment complex and directly behind Brookshire's Grocery Store, this land offers excellent visibility and accessibility. Furthermore, its proximity to the recently renovated Howard Payne University's Douglas MacArthor Academy of Freedom provides additional potential for growth and development. The parcel includes APN numbers 51902, 51903, 51904, 51913, 51915, 51914, and 51912. While the property currently features a metal carport and an older house, these structures do not impact the significant development potential of this strategically located land. The property is not located within a designated flood plain. Potential buyers are responsible for verifying the exact locations of utility lines and confirming any applicable setback requirements. This offering presents a compelling opportunity for commercial development in a thriving area of Brownwood. The asking price for this exceptional property is $149,000.
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
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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.