Last 24 Hours
$68,890
NAL Estimated Property Value706 E 5th Street, Hereford, TX, 79045
$89,557 ARV
Off Market
Commercial
— Beds
— Bath
2,350 Sq Ft
$114.47 / sqftHighlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size7,126 sqft
Land Information
APN4774
Lot Number1,2
Land UseCommercial
Legal DescriptionWHITEHEAD BLK 8 LOT 1 (W95') & N/2 W95' LOT 2
Census Tract950500
Assessed Land Value$21,380
Assessed Improvement Value$47,510
Assessment Year2024
About this property
Looking to start your own bakery or cafe with numerous possibilities available. This location had a beer license at one time too so it could be a quick mart as well. Several things will convey with the property to include 36 foot sales cooler, commercial dough mixer, commercial dough divider, ice maker, 6 foot commercial kitchen hood, a countertop griddle and a commercial oven that needs maintenance to get it functioning. The building does have a basement with a full bathroom and shower and a garage that can be used for storage.
Investor Tools
$68,890
Estimated Property Value
$0Estimated Mortgage Balance
$68,890Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,490
$68,890
2024
$21,380
$47,510
$68,890
No
Tax History
Year
Tax Paid
Assessed Value
2022
$1,490
$68,890
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$68,890
100%
0%
$0/mo
12.4%