30
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13990 HWY 254 Highway
About This Property
The property features an older 3 bedroom 1 bath home with central heat and air, attached carport, and plenty of space for on-site living or rental income potential. Additional improvements include a 24x40 fully insulated shop ideal for storage, workspace, or expansion, plus a 20x60 insulated metal building with water and septic currently housing the business operation.
Approximately 400 sqft of walk-in cooler space adds tremendous value and functionality for processing, storage, agricultural use, or other business ventures. With excellent highway frontage and strong visibility, this location offers outstanding exposure for customers and traffic flow.
Whether you are looking to continue the existing operation, launch a new business, invest in income producing property, or enjoy a live work setup, this property offers flexibility and opportunity rarely found in one package. Suitable for a wide range of residential or commercial uses.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2026 | No longer available | - | |
| No longer available | |||
| Sep 17, 2026 | Price Decreased |
$150,000
↓ $25K
(14.3%) | |
| Price Decreased | |||
| Sep 3, 2026 | Listed by Southern Hills Realty | $175,000 | |
| Listed by Southern Hills Realty | |||
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Unique opportunity to acquire a 1.61 acre property with multiple buildings. A 3 bed 1 bath residence plus a 20x65 shop provide endless possibilities.
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| Jul 27, 2026 | In contract | - | |
| In contract | |||
| Apr 23, 2026 | Listed by Coldwell Banker Realty | $229,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017