Last 24 Hours
$230,000
NAL Estimated Property Value2702 S FM 116 Street, Copperas Cove, TX, 76522
$295,029 ARV
Off Market
Commercial
— Beds
— Bath
2,540 Sq Ft
$112.2 / sqft
Built in 1985Highlights
Interior
Bedrooms —
Bathrooms —FlooringConcrete
Exterior
Lot Size3.37 acres
Building Information
Year Built1985
Land Information
APN0-70-78-0501
SubdivisionMrs M F Richardson
Land UseCommercial
Legal Description1361 MRS M F RICHARDSON, ACRES 3.371
Assessed Land Value$135,550
Assessed Improvement Value$94,450
Assessment Year2025
About this property
Excellent Location: for a Business or Businesses such as Paint and Body Shop, Mechanic Shop, or mixed business use. It was originally built for and used as a Paint and Body Shop for many years. The building has three bays for a body shop with a commercial paint booth. Total 2540 SF Retail, 1770 SF for the main building, office, shower, commercial paint booth 770 SF, Entryway 72 SF. Office space, Paint and Body Shop, 3.371 ACRES. Close to the Aiport, Zoned Retail B-4. Only Developed Property is Zoned Commercial Retail B-4 and the remaining 2+ acres is raw land, residential and non-restricted. The buyer needs to verify the building size. Excellent location! Multiple uses are possible and room for expansion!
Investor Tools
$230,000
Estimated Property Value
$0Estimated Mortgage Balance
$230,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$295,028
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$476/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,557
$230,000
2025
$135,550
$94,450
$230,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,557
$230,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$230,000
100%
0%
$0/mo
12.4%