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Updated about 4 years ago,
Corner lot property surrounded by strip malls
I have a cheap home needing repair on a corner lot with 2 main streets. Other corners : HEB grocery, CVS and a strip mall with Starbucks. This is the last corner standing with a bunch of old homes that need repair. Does this seem like a good buy to hold for the long term until I get bought out by a commercial builder? I have no idea what a commercial builder would offer when the time comes. Let's say I bought it for 100k. What's a wild guess at what I can look forward to in the future as an offer?