1 San Patricio AveMathis, TX 78368

Property Details for 1 San Patricio Ave

Construction

WOOD

Lot size

0.29 AC

Property size (Sq ft)

4,200 SF

Property type

Commercial real estate

APN

2139-0004-0020-145

APU

213900040020145

Description

This exceptional industrial property, situated on a prominent corner lot in downtown Mathis, Texas, presents a unique opportunity for entrepreneurs and established businesses alike. Boasting a generous 4,200 square feet of space, the building offers ample room for a variety of commercial ventures. Its strategic location ensures high visibility and accessibility, placing your business at the heart of the community. The 0.29-acre lot provides ample room for expansion, parking, or outdoor operations. The property's existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront investment and allowing for a swift transition into operations. The building's substantial size and prime location make it ideal for a wide range of industrial uses, from warehousing and distribution to light manufacturing and retail. This is a rare chance to secure a high-impact commercial space in a thriving Texas town. The asking price of $199,000 represents exceptional value for a property of this size and location. Don't miss this chance to establish your business in a highly visible and convenient location. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $644,581

  6.5%

  $594,998

  7%

  $552,498

• Comparable approach

  Method

  Valuation

  Relative Method

  $368,448

  Geo Method

  $954,534

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,169,810

  Retail / Commercial

  $600,186

  Mixed-Use / Specialty

  $598,294

  Hospitality / Lodging

  $439,272

  Office

  $594,998

  Institutional / Educational

  $622,073

  Residential Income

  $727,825

  Multifamily

  $871,540

  Automotive / Energy

  $533,205

  Parking / Income-Based Land

  $183,758

  Restaurant / Food Service

  $311,706

  Healthcare / Senior Housing

  $613,285

Location Insight

City

Mathis

County

San Patricio

State

Texas

Latitude

28.0946

Longitude

-97.8281

CBSA code

18580

CBSA name

CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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