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$475,500

NAL Estimated Property Value

837 State Hwy 171, Mexia, TX, 76667

Off MarketInfo
CommercialInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringConcrete

Exterior

Exterior FeaturesStorage

About this property

Presenting an exceptional commercial property at 837 State Highway 171 in Mexia, Texas, offering a prime opportunity for your business to flourish. The main building encompasses approximately 3,566 square feet, providing ample space suitable for offices, retail, or various commercial applications. This structure is equipped with two recently installed air conditioning units and a monitored fire department alarm system, ensuring a comfortable and secure environment. Additionally, the roof was replaced just six months ago, providing peace of mind regarding maintenance. Complementing the main building is a spacious metal warehouse of over 1,600 square feet. This versatile workshop features a convenient loading dock, insulation, heating, air conditioning, and energy-efficient LED lighting, making it ideal for storage, production, or other industrial needs. Situated on a 0.59-acre lot, this property offers ample parking and easy access to State Highway 171, enhancing its appeal for businesses seeking visibility and convenience. Currently listed for sale at $495,000, this versatile space presents a remarkable opportunity for business owners or investors looking to establish a presence in a thriving location. Don't miss the chance to explore the potential this property holds for your business endeavors.

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$475,500
Estimated Property Value
$0Estimated Mortgage Balance
$475,500Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,853 /month
Positive
Cash Flow Estimate:
$951 /month

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Financing Details

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

City: Mexia

837 State Hwy 171 | Property Details | No Agent List