114 S Teel Dr
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114 S Teel Dr
2,394 SF Retail Building Devine, TX 78016 $350,000 ($146/SF)
Executive Summary
VIBRANT LOCATION! FEW & FAR BETWEEN like this property in the area! For a prospective Investor, this is an ideal opportunity to acquire an income-producing investment well below replacement cost and benefit from the future lease-up of the vacant space, thus increasing the NOI and providing future cash flow diversification. For a User, the property offers the potential to own their business location and build equity rather than continue to pay rent. For Sale only.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,394 SF
Year Built/Renovated
1957/1990
Price
$350,000
Price Per SF
$146
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.29 AC
Zoning
C - Commercial
Parking
10 Spaces per 1,000 SF Leased
Frontage
32 FT on South Teel
Amenities
- Restaurant
- Signage
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 14632 | Improvements Assessment | $229,960 |
Land Assessment | $31,300 | Total Assessment | $261,260 |
PROPERTY TAXES
Parcel Number
14632
Land Assessment
$31,300
Improvements Assessment
$229,960
Total Assessment
$261,260
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114 S Teel Dr
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