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    Property profile & analytics
    FOR SALE
    Commercial real estate

    800 Highway 86, Bovina, TX 79009

    49,608 SF 0.96 ac lot Built 1973
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US83-0123024
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 800 Highway 86 in Bovina, Texas, presents a unique investment opportunity. The building boasts a substantial 11,250 square feet of space, ideally suited for a variety of retail uses. Its previous life as a grocery store speaks to its established location within a high-traffic area, ensuring excellent visibility and accessibility for potential businesses. The property sits on a 0.96-acre lot, providing ample parking for customers and employees, a significant advantage in today's market. The asking price for this well-positioned retail building is $700,000. Given its size, location, and parking availability, this property is poised for immediate success for a wide range of retail ventures. The building's history as a grocery store suggests a strong foundation for continued commercial viability. Serious inquiries are encouraged to explore the potential of this prime commercial real estate offering. The property is ready for immediate occupancy and offers a compelling opportunity for a savvy investor or business owner seeking a well-established location with significant potential for growth. Its strategic placement on Highway 86 ensures high visibility and easy access for customers.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1973
    Total area 49,608 SF
    Lot 0.96 ac (42,001 SF)
    APN 1612
    UPID US83-0123024
    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
    $730k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.45M
    Blend (final) Blend
    $1.09M
    Owner & transaction history
    ALEJANDRO ORTIZ
    ALEJANDRO ORTIZ
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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