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    1001-1003 E Milam St Mexia, TX 76667

    For Lease
    $12 SF/Yr ($3,650 /Mo)

    Second generation retail space with excellent visibility and ample parking.

    Property size:
    3,650 SF
    Lot size:
    2.75 Acres

    Property Features for 1001-1003 E Milam St

    General Information

    Size
    3,650 SF
    Lot size
    2.75 Acres

    Source: Cromwell Commercial Group Agent Will Phipps

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

    Overview

    Retail Space in Downtown Mexia

    This second-generation in-line retail space is located in a prominent center on the main highway in downtown Mexia, Texas, offering excellent visibility and accessibility. The property, with a size of 3650 square feet, is currently configured as a fitness center, featuring a functional floor plan and locker rooms. The existing layout presents a plug-and-play opportunity for a similar business. The space also offers the potential for conversion to a new use, supported by ample parking.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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 Lease

    • $850,000
      8,000 SF

      Retail/Flex Building in Mexia, Texas

      Retail/flex building on 1.11 acres available for sale or lease.
      909 E Milam St, Mexia, TX 76667
      View Details
    • $8 SF/Yr
      71,060 SF

      Mexia Retail Space: Big Box Opportunity

      High-traffic Mexia retail space available.
      1007 Milam St, Mexia, TX 76667
      View Details

    FAQs

    What type of property is this?
    Retail space - Second generation retail space with excellent visibility and ample parking.
    Where is this retail space located?
    The property is located at 1001-1003 E Milam St Mexia, TX.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Excellent visibility and easy access due to location on the main highway in downtown Mexia, TX.; - Plug and play fitness center setup, ready for immediate operation.; - Great floor plan and existing locker rooms.
    (806) 790-6896
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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
    1001-1003 E Milam St Mexia, TX 76667
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