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Property profile & analytics
OFF-MARKET
Commercial real estate

714 Coggin Ave Brownwood, TX 76801

1.6 ac lot
Property ID
US82-6295287
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 1.6 ac (69,696 SF)
APN 51902, 51903, 51904, 51913, 51915, 51914, 51912
UPID US82-6295287
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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