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    1604 N Martin Luther King Jr Hwy Mexia, TX 76667

    New
    Under Contract
    For Sale
    $164,000

    Retail - Mexia, TX

    Type:Retail
    Lot size:
    0.10 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 1604 N Martin Luther King Jr Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active Under Contract
    APN
    R113912
    Lot size
    0.10 Acres

    Building Details

    Roof type
    Metal
    Architectural style
    Other

    Sadler Land and Realty (254) 729-5263

    Listing agent Jeri Rand (254) 729-5263 License #0542080

    Listing date Dec 3, 2025

    MLS# 228369 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

    Drive-Through Beverage Barn For Sale

    This drive-through beverage barn is fully equipped to start your own business. The building includes walk-in coolers, an ice machine, a three-tiered commercial sink, a hand sink, a snow-cone machine, and a burger bar. A refrigerated soft drink cooler is also included. A Brinks security system is in place, as well as two roll-up doors for drive-thru vehicle accessibility. The interior is completely insulated with spray foam insulation. The business is conveniently located on a corner lot, offering easy access to potential customers. The property is located in Mexia, Texas, on North Martin Luther King Jr Highway. The lot size is 0.097 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Building Supply Storage Facility Bar & Pub Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mexia
    County
    Limestone
    State
    Texas
    Longitude
    -96.481192
    Latitude
    31.708884

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    FAQs

    What type of property is this?
    Grocery and convenience store - Fully equipped drive-through beverage barn on a corner lot.
    Where is this grocery and convenience store located?
    The property is located at 1604 N Martin Luther King Jr Hwy Mexia, TX.
    What is the asking price?
    The asking price for this property is $164,000.
    What are key features of this property?
    This property features: - Fully equipped beverage barn ready for immediate business operation.; - Includes essential equipment: walk-in coolers, ice machine, commercial sink, snow-cone machine, and burger bar.; - Drive-thru accessibility with two roll-up doors.
    (254) 729-5263
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    1604 N Martin Luther King Jr Hwy Mexia, TX 76667
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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
    1604 N Martin Luther King Jr Hwy Mexia, TX 76667
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