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Property profile & analytics
FOR SALE
Commercial real estate

9343 2Nd St Batson, TX 77519

10,488 SF 0.92 ac lot Built 2022
Individually Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US82-3016669
Property summary
AI-generated overview

This fee-simple retail property in Batson, Texas, presents a compelling investment opportunity. The 10,488 square-foot building, constructed in 2021, houses a Family Dollar/Dollar Tree store operating under a corporate-guaranteed, net lease. The lease commenced August 1, 2021, and has a remaining term of 7.4 years, expiring March 31, 2032. The lease includes annual rent increases of $0.50 per square foot at the beginning of each option period, providing built-in inflation protection. The property boasts a strong 8.00% cap rate and a net operating income (NOI) of $100,800, with an asking price of $1,260,000 ($120.14 per square foot). Situated on a 0.92-acre lot with 37 parking spaces, the property is zoned for general commercial use and enjoys excellent visibility due to its location near the intersection of Main Street and State Highway 105, which sees a combined 9,200 vehicles per day. The property benefits from its proximity to West Hardin High School and a strong demographic profile within a 5-mile radius, including over 1,900 residents and 300 daytime employees, with an average household income of $77,430. The lack of competition within the immediate area further enhances the property's investment potential. The property's APN is 000016-002305.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2022
Total area 10,488 SF
Lot 0.92 ac (40,075 SF)
APN 000016-002305
UPID US82-3016669
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
  • Family Dollar Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.87M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.08M
Owner & transaction history
Aaron D Miller · 14 yrs held
Aaron D Miller
since 2011
2 recorded transactions
2022
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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