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Property profile & analytics
FOR SALE
Retail space

8 W Mesquite Ave Rogers, TX 76569

Property ID
US82-7640505
Property summary
AI-generated overview

This unique 900-square-foot mixed-use property, located at 8 W Mesquite Ave in Rogers, Texas (zip code 76569), is offered at $199,000. Currently configured as a one-bedroom, one-bathroom apartment with a kitchenette, its adaptable layout presents significant potential for various retail ventures, such as a coffee shop or boutique. The building's historical character adds to its charm and investment appeal. While the tax records' build date is inaccurate, and the owner is unaware of the precise age, the property boasts several attractive features. These include RV parking in the rear, a sizable shed, and a fenced backyard area offering a view of the nearby silos. The property enjoys convenient access to Temple, Texas, a city known for its abundant shopping and dining options. Prospective buyers are advised to independently verify permissible future uses with the city of Rogers; the seller makes no guarantees regarding permitted uses. This presents a rare opportunity for a long-term investment in a desirable small town setting. The property's versatility and unique character make it a truly exceptional offering.

Property profile
Verified
Property type Retail space
UPID US82-7640505
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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