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Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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