1004 Commerce StBrownwood, TX 76801

  • Commercial real estate
  • 3,064 SF
For Sale
$210,000 View listing

Property Details for 1004 Commerce St

Lot size
0.97 AC
Property size (Sq ft)
3,064 SF
Property type
Commercial real estate
APN
57494
APU
57494

Description

This exceptional Brownwood, Texas retail property at 1004 Commerce Street presents a compelling investment opportunity. The 0.69-acre lot features two buildings totaling 3,064 square feet, ideal for a variety of retail uses. The main building offers 2,100 square feet, complemented by an additional 964-square-foot shop. Located on a highly visible hard corner at the southwest intersection of West Commerce Street and Brick Street, with easy access to HWY 67 and HWY 84, this property benefits from significant street frontage and high traffic counts. Currently zoned M1 - Restricted Industrial District, this property offers potential for redevelopment and significant value-add opportunities within a growing commercial area. The asking price is $210,000, translating to $68.54 per square foot. The seller will consider leasing options. Please note that the billboard is not included in the sale. This is a rare chance to acquire a strategically located retail property with substantial upside potential in a thriving Texas market. APN: 57494.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,000,247
    Hospitality
    $916,221
    Educational
    $762,285
    Medical
    $788,501
    Retail
    $1,185,777

Location Insight

City
Brownwood
County
Brown
State
Texas
Latitude
31.7275
Longitude
-98.9999
CBSA code
15220
CBSA name
BROWNWOOD, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,602
$66,080
$104,340
$170,420
-
$66,080
$104,340
$170,420

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