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Mixed-Use Commercial Property

1040 Mann Street, Hemphill, TX 75948

For Sale
New
$385,000

The site combines office suites, salon and wellness rooms, and a house requiring renovation.

Property Size4,432 SF
Lot Size1.50 Acres
Price / SF$86.87
Days on Market2

Property Features for 1040 Mann Street

General Information

Standard status Active
Size 4,432 SF
Lot size 1.50 Acres
Property subtype Commercial

Additional Details

Office Units 2

Amenities

common reception area

Building Details

Building Size 4,432 SF
Buildings 4
Stories 1
Listing Agency: A Real Estate Connection
Listed By: Georgina Stewart
Source: Grandluxerealtyco
Added: Nov 8 Changed: Nov 9 Last Checked: Nov 9 at 2:07AM

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 A Real Estate Connection

Rey
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Investment Insights

Based on property information with market context.

Set on approximately 1.5 acres, this mixed-use property includes a 1,200-square-foot office building with a shared reception area, two suites, six offices, and two restrooms. A separate 1,800-square-foot building contains an equipped hair salon, tanning beds, and rooms for tanning and massage. Additional commercial space includes a kitchen and restroom.

The property also includes a 1,400-square-foot house that has been taken down to the studs and partially rewired, along with a storage building. A self-service bagged ice house is available as an additional purchase option.

Key Highlights

  • 1,200‑square‑foot office building with two suites, six offices, reception area, and two restrooms
  • 1,800‑square‑foot building with an equipped salon, tanning beds, and tanning and massage rooms
  • 1,400‑square‑foot house has been gutted to the studs and partially rewired

Property Analytics

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Current Use

Spa & wellness properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Dental Office Building Supply Home Appliance Store Florist

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

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby

Demographics for 75948, TX

5,582
Population
4,722
Households
1.2
Avg Household Size
57
Median Age
21%
College-Educated
88%
High-School Grad
229.4 sq mi
ZIP Area
24
Density / Sq Mi
$60,184
Median Household Income
$42,128
Median Earnings
$860
Median Rent
$170,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The site combines office suites, salon and wellness rooms, and a house requiring renovation.
Where is this mixed-use property located?
The property is located at 1040 Mann Street Hemphill, TX.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 1,200‑square‑foot office building with two suites, six offices, reception area, and two restrooms; 1,800‑square‑foot building with an equipped salon, tanning beds, and tanning and massage rooms; 1,400‑square‑foot house has been gutted to the studs and partially rewired
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