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1501 Coggin Ave, Brownwood, TX, 76801

Vacant Gas Station For Auction
Starting Bid: $100,000

Key Information

Tot. SF
2,400
Lot Size
0.44 Acres
Year Built
1981
Type
Industrial

Highlights

Bid Date: 02/23

Starting Bid: $100,000

  • Strategic Owner-User or Redevelopment Opportunity: The tenant will be vacating the premises in May 2026. The property is located in the heart of Brownwood’s primary retail and commercial corridor, suitable for fuel operators, QSR users, or redevelopment into retail or service uses.
  • Excellent Visibility & Access: Located along Coggin Avenue (US Highway 84), one of Brownwood’s most heavily traveled roads with strong daily traffic and direct access from multiple directions.
  • Functional Site Layout for Reuse or Redevelopment: Parcel configuration allows for efficient vehicle circulation and modern site planning for fuel, drive-thru, or automotive-related uses.
  • Surrounded by Regional Retail Anchors: Immediate proximity to Walmart Supercenter, H-E-B, Academy Sports + Outdoors, Tractor Supply, and multiple national restaurant concepts makes this a dominant retail trade area.
  • Strong Community & Military Influence: Brownwood benefits from a stable economic base supported by Howard Payne University and nearby Camp Bowie military facilities, providing steady daytime population and consumer demand.
  • Multiple Value-Creation Paths: Buyer can: Reopen as an owner-operated fuel station, Redevelop, or Lease and convert into a stabilized net-lease asset
  • Limited Competing Infill Sites: Infill parcels with historical fuel use and prime frontage along Coggin Avenue are increasingly rare, providing competitive advantage for redevelopment.
  • Attractive Basis vs. Replacement Cost: Opportunity to acquire below replacement cost and create value through redevelopment or long-term owner-user operation.
  • The Brownwood location will continue operations until May of 2026. Please do not disturb the tenant and their employees. The employees are unaware the store will be closing

TX Disclaimer Keegan Mulcahy & Robert Anderson (In conjunction with Matthews™, a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code)

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225