114 Teel DrDevine, TX 78016

For Sale
$350,000

High-yield commercial property in Devine, TX.

Overview

Added:
Feb 3
Days on market:
39
This exceptional 2,394 square foot commercial building, situated on a 0.27-acre lot at 114 S Teel Drive in Devine, Texas, presents a compelling investment opportunity. Priced at $350,000, this property offers significant potential for both investors and owner-occupiers. The building's vibrant location makes it an attractive proposition for a variety of businesses. For investors, the property offers the chance to acquire an income-producing asset well below replacement cost. The presence of vacant space allows for future lease-up, leading to increased net operating income (NOI) and diversified cash flow. This represents a strong return on investment potential. For owner-occupiers, this property provides the opportunity to own their business location, building equity instead of paying rent. The building's size and location make it suitable for a range of commercial uses. The property is being offered for sale only, presenting a unique chance to secure a valuable asset in a desirable location. Serious inquiries are encouraged to explore this promising investment or business ownership opportunity. The property is located in Devine, TX, a growing community offering a strong local market. The 0.27-acre lot provides ample space for potential expansion or outdoor uses. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area.

Property Details for 114 Teel Dr

Property type
Other commercial real estate
Square Feet
2,394 SF
Year Built
1957
Lot Size (sq. ft)
11,761 SF

Location Insight

City
Devine
County
Medina
State
Texas
Latitude
29.13973
Longitude
-98.90649
114 Teel Dr, Devine, Texas

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114 Teel Dr
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