300 Cockrell StAlpine, TX 79830

  • Commercial real estate
  • 7,224 SF
For Sale
$2,150,000 View listing

Property Details for 300 Cockrell St

Lot size
0.82 AC
Property size (Sq ft)
7,224 SF
Property type
Commercial real estate
APN
10751
APU
10751

Description

This exceptional 4,900 square foot commercial property, situated on a 0.82-acre lot at 300 S Cockrell St in Alpine, TX, presents a unique investment opportunity. Currently operating as Skelton's Runway, this multifaceted business boasts an outdoor lounge, a food truck terminal, and a drive-thru store, creating a dynamic and diverse revenue stream. The property's design caters to a variety of uses, seamlessly blending outdoor entertainment with convenient retail options. The inclusion of an EV charging station reflects a forward-thinking approach to modern amenities, further enhancing its appeal. Weekends see a vibrant atmosphere with tailgate parties and special events, demonstrating strong community engagement and potential for increased revenue generation. The building's construction allows for easy access for all vehicle types, making it highly accessible and attractive to a wide range of customers. Its strategic location within an Opportunity Zone offers significant tax advantages for investors, adding to the property's overall financial attractiveness. Strong financial performance is documented, making this a compelling investment prospect for those seeking a well-established and versatile commercial property in a growing Texas market. The property's diverse offerings, prime location, and advantageous tax benefits combine to create a truly exceptional investment opportunity. The hangar event area adds further versatility to the property's potential uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,369,127
    Hospitality
    $1,254,113
    Educational
    $1,043,407
    Medical
    $1,079,292
    Retail
    $1,623,078

Location Insight

City
Alpine
County
Brewster
State
Texas
Latitude
30.3571
Longitude
-103.653

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
$4,041
$30,874
$294,126
$325,000
-
$30,874
$294,126
$325,000

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