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Buffalo Shopping Center 1101 W Commerce St 8,800 SF 40% Leased Retail Building Buffalo, TX 75831 $524,900 ($59.65/SF)
Investment Highlights
- 8,800-square-foot retail building with multiple tenants.
- Located on a 1.04-acre parcel providing ample on-site parking.
- Offered at $524,900, presenting a cost-effective investment opportunity.
- Positioned along Highway 79 and Interstate 45 with approximately 180 feet of frontage.
- Established retail corridor with strong traffic counts and accessibility.
- Built in 1985 and maintained as a single-story structure with 24-hour access.
Executive Summary
The Buffalo Shopping Center at 1101 W Commerce Street presents an investment opportunity in a fully leased retail property along Highway 79 in Buffalo, Texas. The property encompasses 8,800 square feet on a 1.04-acre parcel, offering frontage of approximately 180 feet on West Commerce Street. Built in 1985, this single-story building is currently leased to multiple tenants, providing stable income potential for investors.
The site benefits from excellent vehicular accessibility and visibility in a high-traffic corridor that serves as a primary route through Buffalo. Surrounding businesses and nearby retailers contribute to consistent consumer activity in the area. With a sale price of $524,900, this property offers an attractive entry point for investors seeking a stabilized retail asset in a growing regional market.
The site benefits from excellent vehicular accessibility and visibility in a high-traffic corridor that serves as a primary route through Buffalo. Surrounding businesses and nearby retailers contribute to consistent consumer activity in the area. With a sale price of $524,900, this property offers an attractive entry point for investors seeking a stabilized retail asset in a growing regional market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,800 SF
Building Class
C
Year Built
1985
Price
$524,900
Price Per SF
$59.65
Percent Leased
40%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.04 AC
Amenities
- 24 Hour Access
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03300-01100-00100-000000 | Improvements Assessment | $422,360 |
| Land Assessment | $83,520 | Total Assessment | $505,880 |
Property Taxes
Parcel Number
03300-01100-00100-000000
Land Assessment
$83,520
Improvements Assessment
$422,360
Total Assessment
$505,880
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Buffalo Shopping Center | 1101 W Commerce St