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$289,000

NAL Estimated Property Value

937 E Main Street, Eastland, TX, 76448

Off MarketInfo
CommercialInfo

Highlights

Interior

Bedrooms —Bedrooms —
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About this property

Great investment opportunity! This commercial strip mall sits in a prime location on Main Street in Eastland with fantastic traffic passage and visibility. It features 3 leasable units for a total of 7,350 square feet. It is currently home to 5 businesses, with two of the three units shared. The building has been fully occupied for years. Units are rented on a month to month basis, but leases may be extendable if desired. Property owner pays for water, sewage, and trash, and tenants pay for electricity that is metered separately. There are 4 bathrooms in the building and great storage in each unit. Financials are available upon request, and the listing broker can be reached at 254-485-9701 for more more pictures and information. Come take a look!

Investor Tools

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$289,000
Estimated Property Value
$0Estimated Mortgage Balance
$289,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

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

City: Eastland

937 E Main Street | Property Details | No Agent List