720 W 2Nd St Clarendon, TX 79226
For Sale
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This 4,288 square foot commercial property, located at 720 W 2nd Street in Clarendon, Texas, sits directly on Highway 287, offering exceptional visibility and accessibility. Previously used as a car lot, the property features durable metal exterior buildings and covered awnings, providing excellent protection from the elements and a long lifespan. The main building includes a spacious office area with three individual offices, two bathrooms, a large kitchen and break room, and a bright, expansive lobby. Natural light floods the interior, creating a welcoming and productive workspace. Beyond the main building, the property boasts significant outdoor space, including a fenced storage area, perfect for equipment or inventory. A separate building offers two garage bays and additional indoor storage, providing ample space for various needs. Two stand-alone carports further enhance the property's functionality and parking capacity. This property presents a unique opportunity for a variety of commercial uses, benefiting from its prime location, versatile layout, and substantial storage options. The combination of indoor and outdoor space makes this an ideal investment for long-term growth and profitability. The property is priced at $148,000.
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.