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    215 Mcgregor Dr McGregor, TX 76657

    For Sale
    $439,000

    High-Visibility Retail Space, 5606 sq ft

    Property size:
    5,606 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 5,606 square foot retail property, located at 215 W McGregor Drive in McGregor, Texas, presents a unique investment opportunity. Situated at the highly visible intersection of W McGregor Hwy 84 and Hwy 317, this property enjoys excellent visibility and accessibility for both local businesses and residents. The building offers four spacious offices, perfect for a variety of uses, including insurance agencies, salons, barber shops, general office spaces, or automotive services. A fully equipped kitchen adds convenience and functionality. Ample outdoor storage space is available, along with a paved parking area at the front of the building for customer and employee convenience. The property benefits from central heating and cooling systems, ensuring year-round comfort. Zoned C for mixed-use office functions, this versatile space is ready for immediate occupancy. The 0.2-acre lot provides ample space for expansion or future development. This property is priced at $439,000 and represents an excellent opportunity to acquire a well-located and functional commercial space in a growing community. The strategic location and versatile layout make this an ideal investment for a discerning buyer.

    Property Features for 215 Mcgregor Dr

    General Information

    Property type
    Retail properties
    Square Feet
    5,606 SF
    Lot Size
    8,712 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Discount Store Pharmacy Garden Center Cafe & Coffee Shop Women's Store Computer & Electronic Repair Veterinary Clinic Barber Shop Home Appliance Store Toy Store

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

    Location Insight

    • Map
    • Local Demand
    City
    McGregor
    County
    McLennan
    State
    Texas
    Longitude
    -97.40796
    Latitude
    31.44491

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    FAQs

    What type of property is this?
    Retail property - High-Visibility Retail Space, 5606 sq ft
    Where is this retail property located?
    The property is located at 215 Mcgregor Dr McGregor, TX.
    What is the asking price?
    The asking price for this property is $439,000.
    (254) 723-1248
    Request Owner's contact information
    215 Mcgregor Dr McGregor, TX 76657
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    McGregor, TX 76657
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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
    215 Mcgregor Dr McGregor, TX 76657
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