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Property profile & analytics
OFF-MARKET
Commercial real estate

804 Gladstone Ave Rule, TX 79547-2053

2,160 SF 1.46 ac lot Built 2005
Individually Owned Free & Clear
Property ID
US83-0627626
Property summary
AI-generated overview

This exceptional 990-square-foot property located at 804 Gladstone Avenue in Rule, Texas, presents a unique investment opportunity on a 1.46-acre lot. Its versatile nature allows for a variety of profitable uses. The existing structure is well-maintained and easily accessible, making it an ideal location for various business ventures. The property's prime location offers both convenience and a degree of seclusion, providing both accessibility for customers and privacy for operations. The substantial lot size presents significant potential for development, such as the creation of storage units or an RV park, both of which could generate consistent revenue streams. The property's current condition and its strategic location in Rule, Texas, combine to create a compelling investment opportunity with significant upside potential. The property is ready for immediate use or further development, offering flexibility to suit a range of business plans. Its accessibility is a key advantage, while the secluded nature of the location offers a balance between convenience and privacy. This property is an excellent choice for investors seeking a high-yield, versatile asset in a desirable location. The 1.46-acre lot provides ample space for expansion or future development, further enhancing its long-term value. The asking price of $24,900 represents a significant opportunity for investors seeking a strong return on investment.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Total area 2,160 SF
Lot 1.46 ac (63,598 SF)
APN 347
UPID US83-0627626
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
Current use
Occupant on record · Public records
  • Rule Laundry Shack (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
MATTHEW MCMILLIN
MATTHEW MCMILLIN
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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