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Property profile & analytics
FOR SALE
Commercial real estate

720 W 2Nd St Clarendon, TX 79226

17,283 SF 0.64 ac lot Built 1997
Individually Owned 8-yr Hold ~ Est. High Equity
Property ID
US83-0520897
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1997
Total area 17,283 SF
Lot 0.64 ac (27,878 SF)
APN 11-07-0010-0270-0001
UPID US83-0520897
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
$295k
Owner & transaction history
Lyn Mckinney · 8 yrs held
Lyn Mckinney
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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