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Owner-User C-Store - Kerens, TX 411 NW 2nd St 1,500 SF Retail Building Kerens, TX 75144 $499,000 ($332.67/SF)
Investment Highlights
- Value-Oriented Entry Point with Real Estate Upside
- Strategic Location Along Primary Local Thoroughfare
- Flexible Redevelopment and Expansion Potential
- Former Convenience Store / Fuel Site with Existing Infrastructure
- Limited Competition in a Supply-Constrained Market
- Favorable Small-Town Economics and Operating Environment
Executive Summary
Great opportunity for owner occupier or investor looking to lease up and capture market rents, or own and operate a C-Store in a captive market. Highly visible on the main road through town. The property sits directly adjacent to a busy car wash (not owned by the Seller). Recently remodeled by Sqrl and ready for immediate occupancy.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,500 SF
Building Class
C
Year Built
1986
Price
$499,000
Price Per SF
$332.67
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.55 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
10 Spaces (5.44 Spaces per 1,000 SF Leased)
Frontage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 31557 | Improvements Assessment | $341,790 |
| Land Assessment | $55,930 | Total Assessment | $397,720 |
Property Taxes
Parcel Number
31557
Land Assessment
$55,930
Improvements Assessment
$341,790
Total Assessment
$397,720
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Owner-User C-Store - Kerens, TX | 411 NW 2nd St
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