Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1003 E Milam St Mexia, TX 76667

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $735,060

    NNN Dollar General in Mexia, TX with 4+ years remaining.

    Property size:
    13,750 SF
    Lot size:
    1.13 Acres

    Property Features for 1003 E Milam St

    General Information

    Size
    13,750 SF
    Lot size
    1.13 Acres

    Source: Trinity Real Estate Investment Services - Corporate Agent Cody Crist

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dollar General NNN Investment Property

    This NNN lease Dollar General property is located in Mexia, TX, with over 4 years remaining on the current term. The building encompasses 13,750 square feet and is priced at $53 per square foot. The tenant, Dollar General, pays $4.28 per square foot in rent. The property is situated in a dense retail corridor, near Walmart, Tractor Supply Co., CVS, and McDonald's, all within 2 miles. Its strategic location near apartments and schools attracts increased traffic. The property offers easy access to US-84, which has combined traffic counts exceeding 16,000 vehicles per day. The lease is corporately guaranteed by Dollar General Corporation, an investment-grade tenant with an S&P credit rating of BBB.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mexia
    County
    Limestone
    State
    Texas
    Longitude
    -96.47261
    Latitude
    31.684684

    Nearby Similar for Sale

    • $939,900
      1,972 SF

      Horse Property with Rodeo Arena

      58-acre horse property featuring a custom home and rodeo arena.
      3703 Fm 39 N, Mexia, TX 76667
      View Details
    • $1,500,000
      2.69 Acres

      Iconic Bar & Restaurant For Sale

      Full turnkey operation with additional restaurant ready for new owner.
      701 N Martin Luther King Jr Hwy, Mexia, TX 76667
      View Details
    • $250,000
      23,285 SF

      Former Grocery Store in Mexia

      23,285 SF building in downtown Mexia with large parking lot.
      104 N Paris St, Mexia, TX 76667
      View Details
    • $475,500
      0.59 Acres

      Versatile Commercial Property in Mexia

      Retail and industrial space with highway access in Mexia, Texas.
      837 State Hwy, Mexia, TX 76667
      View Details
    • $275,000
      0.20 Acres

      Downtown Office and Loft Potential

      Commercial building with office spaces and loft apartment potential.
      304 E Commerce St, Mexia, TX 76667
      View Details
    • $1,100,000
      2,400 SF

      Barndominium Farm/Ranch in Mexia, TX

      Corporate retreat or family home on 20 acres.
      Tbd Fcr 920, Mexia, TX 76667
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - NNN Dollar General in Mexia, TX with 4+ years remaining.
    Where is this grocery and convenience store located?
    The property is located at 1003 E Milam St Mexia, TX.
    What is the asking price?
    The asking price for this property is $735,060.
    What are key features of this property?
    This property features: - Corporately guaranteed by Dollar General Corporation, an investment grade tenant with an S&P credit rating of BBB.; - NN Lease Dollar General with 4+ years remaining on current term.; - **13,750 SQ Foot Building Priced at $53/PSF** - Well Below Replacement Cost.
    (817) 304-8916
    Request Owner's contact information
    1003 E Milam St Mexia, TX 76667
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1003 E Milam St
    Mexia, TX 76667
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1003 E Milam St Mexia, TX 76667
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.