824 Broad St Mineola, TX 75773
This 1,784 square foot commercial property, situated on a 0.41-acre lot at 824 E Broad in Mineola, TX, presents a unique investment opportunity. Its prime location on Highway 80 ensures high visibility and accessibility. Previously used as an auto shop, the building boasts ample parking, with a gated front lot offering nearly 1600 square feet of space. The interior features large, separate garage bays equipped with oversized doors providing access from both the front and rear. A dedicated paint booth is also included, with convenient front and rear entrances. A small office or reception area is located at the front, complete with a half-bath. The property's versatility makes it suitable for a variety of businesses, including tire shops, warehouses, or auto repair facilities. The interior space is significantly larger than initially perceived, offering considerable potential for customization to meet specific business needs. This is an exceptional chance to establish or expand your business in a highly visible and convenient location. The asking price is $199,500.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.