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    508 E Frederick St Riesel, TX 76682

    For Sale
    $450,000

    Business - Riesel, TX

    Type:Business
    Lot size:
    0.99 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 7 at 8:06 am

    Property Features for 508 E Frederick St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    420020000072005
    Parking features
    Driveway, Parking Lot
    Lot size
    0.99 Acres

    Utilities

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

    Building Details

    Year built
    1965
    Flooring type
    Concrete, Laminate
    Building materials
    Brick, Metal Siding
    Roof type
    Asphalt, Metal
    Architectural style
    Other

    Kelly, Realtors (254) 741-1500

    Listing agent Kyla Dieterich (254) 741-1500 License #0505439

    Listing date Oct 31, 2025

    MLS# 21100968 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 Riesel Property with Potential

    This unique property in Riesel features two buildings on a single lot, offering a combined 7,298 square feet of versatile space. Formerly a church with a fellowship hall, it was later remodeled into a day care facility. Each building includes two bathrooms and a full kitchen, making it suitable for various uses such as office space, gym, retail, daycare, event center, church, medical office, warehouse, or investment property. The setup allows for multi-tenant leasing or expansion, with ample parking and easy access from the main road. Located in the heart of Riesel, the property provides visibility, convenience, and versatility on a 0.99-acre lot, making it ideal for a business venture or income-generating investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

    Restaurant Spa & Massage Building Supply Auto Repair Shop Auto Parts Store Department Store Discount Store Convenience Store Bakery Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Riesel
    County
    McLennan
    State
    Texas
    Longitude
    -96.917871
    Latitude
    31.475889

    Nearby Similar for Sale

    • $825,000
      2,004 SF

      Riesel, TX Farm/Ranch Retreat

      101-acre farm/ranch featuring a 2,004 sq ft manufactured home.
      430 All County Rd, Riesel, TX 76682
      View Details
    • $125,000
      0.06 Acres

      Downtown Riesel Corner Lot Warehouse

      Metal building on corner lot with commercial and residential potential.
      101 E Frederick St E, Riesel, TX 76682
      View Details

    FAQs

    What type of property is this?
    Day care center - Two buildings offering endless possibilities in the heart of Riesel.
    Where is this day care center located?
    The property is located at 508 E Frederick St Riesel, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Two buildings totaling 7,298 sq ft on one lot; - Versatile space suitable for office, gym, retail, daycare, event center, church, medical office, warehouse, or investment property; - Each building has two bathrooms and a full kitchen
    (254) 741-1500
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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
    508 E Frederick St Riesel, TX 76682
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