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    505 Washington St Kaufman, TX 75142

    For Sale
    $309,000

    Prime Location, Versatile Office Space

    Property size:
    3,654 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 3,654 square foot, two-story office building presents a unique investment opportunity in the heart of Kaufman, Texas. Located on a prominent 0.31-acre corner lot in the Downtown District, this property boasts a rich history of diverse uses, previously serving as a residential dwelling, dental office, and retail space. Its adaptable layout offers significant potential for a variety of commercial ventures. The building features numerous private offices, ideal for individual practitioners or a small business requiring multiple workspaces. Two full kitchens provide ample convenience for staff and clients, while two bathrooms ensure comfortable accommodations. The property is being sold in its current "as-is" condition, allowing for immediate customization and renovation to suit the buyer's specific needs and vision. The strategic location within the vibrant Downtown District offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic area with strong community presence. This is a rare chance to acquire a substantial commercial property in a thriving Texas town, ripe for redevelopment or continued use as a multi-purpose office space. The 0.31-acre lot provides ample space for potential expansion or outdoor amenities. This property is priced competitively at $309,000, representing a compelling investment opportunity in the Kaufman commercial real estate market.

    Property Features for 505 Washington St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,654 SF
    Lot Size
    13,504 SF

    Building Details

    Year Built
    1925
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Kaufman
    County
    Kaufman
    State
    Texas
    Longitude
    -96.30886
    Latitude
    32.58601

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Location, Versatile Office Space
    Where is this office property / space located?
    The property is located at 505 Washington St Kaufman, TX.
    What is the asking price?
    The asking price for this property is $309,000.
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    505 Washington St Kaufman, TX 75142
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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
    505 Washington St Kaufman, TX 75142
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