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$47,964

NAL Estimated Property Value

3001 Main Ave, Groves, TX, 77619

$62,353 ARVInfo
Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,320 Sq Ft
price_per_sqft$94.7 / sqft
Year BuiltBuilt in 1978

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available

Exterior

Lot Size6,490 sqft

Building Information

Year Built1978
Stories1
Garage Spaces1

Land Information

APN051400-000-001000-00000
Lot Number7
SubdivisionPearl Gardens
Land UseCommercial
Legal DescriptionTR 7A REPLAT LT 7 PEARL GARDENS .149AC
Census Tract010500
Assessed Land Value$25,313
Assessed Improvement Value$26,989
Assessment Year2025

About this property

Large wide open shop and warehouse space located on Main Ave in Groves offering excellent multi-use potential for a variety of commercial or industrial operations. The property features two large bay doors, an expansive open work area, and is already plumbed for a bathroom. Ideal for warehouse use, automotive operations, contractor space, fabrication, storage, distribution, or a variety of business opportunities. Functional layout with flexible possibilities in a convenient and accessible Groves location.

Investor Tools

Property Icon
$47,964
Estimated Property Value
$0Estimated Mortgage Balance
$47,964Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$110/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,075
$47,964
2025
$25,313
$26,989
$52,302
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,075
$47,964

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$47,964
100%
0%
$0/mo

City: Groves