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    118 W Monroe St Itasca, TX 76055

    For Lease
    $1,900 /Mo ($0.93 SF/Yr)

    Business - Itasca, TX

    Type:Business
    Lot size:
    0.56 Acres
    Days on Market:
    55
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 118 W Monroe St

    General Information

    Property type
    Other
    Property subtype
    Business
    Standard status
    Active
    APN
    134557
    Parking features
    Covered, Driveway, Garage, Oversized, Parking Lot
    Lot size
    0.56 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2017
    Flooring type
    Concrete
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    Julie Siddons Realtors (254) 582-0077

    Listing agent Lacey Whitehouse (254) 582-0077 License #0698643

    Listing date Oct 13, 2025

    MLS# 21081290 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Building in Itasca

    This versatile metal commercial building is located in the heart of downtown Itasca. The property, formerly the Itasca Police Department headquarters, features a spacious interior suitable for retail, daycare, office space, salon, or other creative endeavors. It includes a full kitchen and two bathrooms, with several options for private offices. The property is privacy fenced and situated on a little over a half acre, with double gated access suitable for large equipment. Ample parking is available. The property could be ideal for mechanics.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Itasca Law Enforcement ... City Government Office

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Auto Parts Store Department Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Itasca
    County
    Hill
    State
    Texas
    Longitude
    -97.151409
    Latitude
    32.16011

    Nearby Similar for Lease

    • $1,700 /Mo
      2,004 SF

      Restaurant Space in Itasca, TX

      Restaurant space for lease in downtown Itasca, Texas.
      140 W Main St, Itasca, TX 76055
      View Details
    • $1,100 /Mo
      6,970 SF

      Remodeled Building in Downtown Itasca

      Remodeled building in central business area, many potential uses.
      109 W Main St, Itasca, TX 76055
      View Details

    FAQs

    What type of property is this?
    Retail space - Metal commercial building suitable for retail, daycare, office, or salon.
    Where is this retail space located?
    The property is located at 118 W Monroe St Itasca, TX.
    What is the lease rate?
    The lease rate is $0.93 SF/Yr.
    What are key features of this property?
    This property features: - Versatile commercial building suitable for retail, daycare, office, salon, or other businesses.; - Large, privacy-fenced lot (over half an acre) with double-gated access and ample parking.; - Located in the heart of downtown, offering **high visibility and accessibility** to customers.
    (254) 582-0077
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    Itasca, TX 76055
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 W Monroe St Itasca, TX 76055
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