119 S Commerce St
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119 S Commerce St
11,550 SF Specialty Building Offered at $20,000 in Ranger, TX 76470
Investment Highlights
- 119 S Commerce Street is home to a historic, former religious facility ready for redevelopment into a commercial office or apartments.
- This is an investor’s premier redevelopment opportunity, offering immense value through modern amenities catering to today’s renters or employers.
- The historic building is in the heart of Ranger off SR-254, providing easy connectivity to I-20 outside of Fort Worth, Texas.
- Being in Ranger’s Opportunity Zone, this blank slate canvas sets an investor up for further local tax benefits with the redevelopment.
Executive Summary
Welcome to 119 S Commerce Street, a one-of-a-kind historic redevelopment opportunity in Ranger, Texas. The former religious facility totals 11,550 square feet among three stories on a 0.23-acre parcel. Nestled in Ranger’s Opportunity Zone and zoned General Commercial, the opportunities are abundant. They will continue to benefit further from the city with tax incentives in the city’s Opportunity Zone. The building’s structure can stand the test of many elements, and the former use has left behind a structure that has the potential to be an excellent location for many different kinds of opportunities, from commercial office space to apartments to anything you can imagine. Walking through this building and seeing all this property has to offer is a must, so do not miss your opportunity to do so before someone else makes their vision a reality.
Property Facts
| Price | $20,000 | Lot Size | 0.23 AC |
| Price Per SF | $2 | Building Size | 11,550 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Property Type | Specialty | Year Built | 1940 |
| Property Subtype | Religious Facility | Opportunity Zone |
Yes
|
| Building Class | C |
| Price | $20,000 |
| Price Per SF | $2 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 11,550 SF |
| No. Stories | 3 |
| Year Built | 1940 |
| Opportunity Zone |
Yes |
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PROPERTY TAXES
| Parcel Number | 55997 | Improvements Assessment | $0 |
| Land Assessment | $6,090 | Total Assessment | $6,090 |
PROPERTY TAXES
Parcel Number
55997
Land Assessment
$6,090
Improvements Assessment
$0
Total Assessment
$6,090
zoning
| Zoning Code | Commercial (Commercial) |
| Commercial (Commercial) |
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119 S Commerce St
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