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909 N Cedar St Borger, TX 79007

Commercial real estate Google Maps
5,597 SF 0.34 ac lot
Individually Owned Free & Clear
Estimated value (blended)
$295k
Range $266k – $325k (±10%)
Property ID US83-1915527

Property summary

AI-generated overview

This exceptional commercial property, situated at 909 N Cedar Street in Borger, Texas, presents a unique investment opportunity. Boasting a prominent location on a main artery, this property offers significant potential for diverse uses. The main structure features eight individual storefronts, each providing ample space for retail or office tenants. Four restrooms are conveniently located within the building. Beyond the storefronts, a sizable shop area is included, complete with its own restroom and a convenient overhead back entrance door. Adding to the property's versatility is a three-bedroom, one-bathroom home, perfect for an on-site manager or owner-occupancy. This residence also includes an oversized two-car garage with an additional office space. Further enhancing the property's appeal is an extra fenced lot, ideal for a mobile home or simply providing a spacious yard. The property sits on a 0.13-acre lot and is priced at $219,900. The front offices have a brand-new roof, and interior renovations are scheduled for completion within the coming week. This property's prime location at the intersection of 10th and Cedar Streets in Borger offers excellent visibility and accessibility, making it an attractive proposition for a wide range of commercial ventures. The numerous possibilities make this a truly exceptional investment opportunity.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 5,597 SF
Lot 0.34 ac (14,884 SF)
APN 12166
UPID US83-1915527

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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