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$94,000

TBD Phillips St @ W Grand Ave Street, Yoakum, TX, 77995

On MarketInfo

About this property

Highly visible C-1 commercial corner lot positioned along Phillips St & US Hwy 111 (W Grand Ave), one of Yoakum’s primary traffic corridors, offers strong frontage, accessibility, and development potential. This vacant parcel offers a rare opportunity to secure visibility, accessibility, and flexibility in a high-traffic area. This prime location is ideal for a business serving local residents, commuters, and pass-through traffic. Situated within an active commercial area of established businesses, schools, and Centennial Park, this blank canvas offers endless opportunities to bring your commercial vision to life in a location where exposure is paramount. Whether for retail, office, or service-oriented use, the property’s location offers both convenience and long-term potential. Extensive planning for specific development has already been completed. See Agent Only Remarks for additional information. Buyer to perform all due diligence regarding zoning, permitted uses, and development feasibility for any potential improvement. Buyer is responsible for all costs associated with city utility hookups and connections.

Investor Tools

$0Estimated Mortgage Balance
$94,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$564 /month
Positive
Cash Flow Estimate:
$188 /month

Interested in this property?

Courtney Kocian

Schmidt Ranches & Realty

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Financing Details

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

City: Yoakum