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$125,000

NAL Estimated Property Value

1506 B Ave, Temple, TX, 76504

Off MarketInfo

About this property

Prime 31st Street, corner lot! Currently zoned general retail! Per City of Temple Zoning Dept. Located on corner of 31st street and W. Ave B. High Traffic with plenty of opportunities. Multi-story bldg. allowed. Mature trees on site. Sewer and water meter marked at alley. Alley has been abandoned by City of Temple. Gas line is marked at alley. Electricity line is overhead. See diagram / picture for maximum parking potential. Business opportunities include Franchise or family owned restaurant ( not drive in ) and/or restaurant (drive in). Retail sales opportunities include Barber or beauty shop, medical / dental office, offices, hardware / hobby shop. Laundry / cleaning self serve, office supply, studio, food and beverage sales store without fuel sales. Florist, fabric, pawn, pet shop on and on... too many to list. A 24/7 medical clinic is located across side street. Scarcity! Short in supply. One of a kind property on S. 31st only minutes from I.H 35, Baylor Scott and White Hosp., Temple High School, Downtown Temple and Buc-ee's

Investor Tools

Property Icon
$125,000
Estimated Property Value
$0Estimated Mortgage Balance
$125,000Estimated 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
$750 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

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

City: Temple

1506 B Ave | Property Details | No Agent List