1101 Mechanic StEl Campo, TX 77437

Property Details for 1101 Mechanic St

Year built

2018

Lot size

0.34 AC

Property size (Sq ft)

1,440 SF

Property type

Commercial real estate

APN

13915

APU

13915

Description

This exceptional 1,440 square foot commercial property, situated on a 0.34-acre corner lot in El Campo, Texas, presents a unique investment opportunity. Located on busy Highway 71, this property boasts unparalleled visibility and convenient access from two sides, ensuring high traffic flow. The building is currently configured as a mixed-use space suitable for a convenience store, quick-service restaurant (QSR), or restaurant, offering flexibility for various business ventures. The asking price of $275,000 equates to $190.97 per square foot. This property has housed a profitable business for over 25 years, and the seller is open to selling both the real estate and the established business, including all equipment and inventory. The business offers low operating costs and flexible hours. This prime location in Wharton County, with its zip code 77437, provides an excellent opportunity for both established businesses seeking expansion and entrepreneurs looking to launch a new venture. The address is 1101 N Mechanic St, El Campo, TX. Don't miss this chance to own a piece of El Campo's thriving commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $401,885

  6.5%

  $370,971

  7%

  $344,473

• Comparable approach

  Method

  Valuation

  Relative Method

  $225,899

  Geo Method

  $431,122

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $723,360

  Retail / Commercial

  $372,305

  Mixed-Use / Specialty

  $372,057

  Hospitality / Lodging

  $274,372

  Office

  $370,971

  Institutional / Educational

  $387,175

  Residential Income

  $452,995

  Multifamily

  $537,314

  Automotive / Energy

  $331,865

  Parking / Income-Based Land

  $113,456

  Restaurant / Food Service

  $195,813

  Healthcare / Senior Housing

  $380,431

Location Insight

City

El Campo

County

Wharton

State

Texas

Latitude

29.2051

Longitude

-96.2771

CBSA code

20900

CBSA name

EL CAMPO, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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