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Retail Investment Property
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1011 E Milam Street, Mexia, TX 76667

Retail asset offered with a stated 7.88% cap rate.

Property Size61,500 SF
Days on Market122

Property Features for 1011 E Milam Street

General Information

Standard status Active
Size 61,500 SF
Property subtype Retail

Additional Details

Cap Rate 7.88%
Listing Agency: Trinity Real Estate Investment Services
Listed By: Chance Hales · License #597585
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 3:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services

Investment Insights

Based on property information with market context.

This for-sale retail property is presented with a stated 7.88% CAP and a total size of 61,500 SF. The listing is positioned as an income-oriented retail offering based on the provided cap rate figure.

The property address is 1011 E. Milam Street in Mexia, TX 76667. No additional details on tenanting, unit mix, frontage, or building improvements were provided in the supplied information.

Prospective buyers and brokers should review the full offering materials to confirm current operating details and validate the assumptions behind the stated capitalization rate.

Key Highlights

  • Retail asset with a stated 7.88% cap rate
  • 61,500 SF retail asset

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

155
Businesses Nearby
78k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 64% Shops & Services 24% Apparel 9% Electronics 2%
Walmart Superstores
50,204 visits/mo 0.2 miles
Murphy USA Shops & Services
15,454 visits/mo 0.3 miles
SHOE DEPT. Apparel
2,609 visits/mo 0.2 miles
Hibbett Sports Apparel
2,283 visits/mo 0.1 miles
AutoZone Shops & Services
1,858 visits/mo 0.0 miles

Demographics for 76667, TX

10,801
Population
4,734
Households
2.3
Avg Household Size
40
Median Age
15%
College-Educated
85%
High-School Grad
153.1 sq mi
ZIP Area
71
Density / Sq Mi
$50,396
Median Household Income
$33,211
Median Earnings
$832
Median Rent
$119,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail asset offered with a stated 7.88% cap rate.
Where is this retail space located?
The property is located at 1011 E Milam Street Mexia, TX.
What are key features of this property?
This property features: Retail asset with a stated 7.88% cap rate; 61,500 SF retail asset
(325) 864-9775 Call to check price and availability
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