898 Alsbury Blvd Burleson, TX 76028-2652
This 3,540 square foot convenience store building in Burleson, Texas, presents a compelling investment opportunity. Located on a 0.654-acre lot at the hard southwest corner of I-35 and Alsbury Blvd, this property boasts exceptional freeway visibility and accessibility. Built in 1988, the building features ample parking (over 24,000 square feet), display windows, and a large sign visible from the interstate. The property includes refrigerated walk-in display coolers, a significant asset for a convenience store or similar business. A former car wash attached to the building offers potential for conversion into a drive-thru, adding further value and versatility. The asking price is $2,200,000, with a monthly lease rate of $8,800. The property's prominent location and existing infrastructure make it an ideal investment for a variety of retail uses. Note that the billboard is not included in the sale. The substantial lot size (approximately 28,496 square feet) provides ample space for expansion or future development. This high-traffic location and versatile building offer a rare opportunity for significant return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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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.