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Mixed-Use Redevelopment Property

221 Virginia Avenue, Marlin, TX 76661

For Sale
Contact for pricing

The property is identified for redevelopment with healthcare, commercial, or multifamily use potential.

Property Size35,516 SF
Days on Market33

Property Features for 221 Virginia Avenue

General Information

Standard status Active
Size 35,516 SF
Property subtype Special Purpose, Multifamily, Senior Living

Additional Details

Highway Access Yes
Listing Agency: Williams & Williams Auctioneers
Listed By: Cindy Dees · License ID DB42620
Source: Crexi
Added: Oct 12 Changed: Nov 8 Last Checked: Nov 12 at 8:26AM

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 Williams & Williams Auctioneers

Rey
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Investment Insights

Based on property information with market context.

Located at 221 Virginia Avenue in Marlin, this 35,516-square-foot mixed-use property is being offered for redevelopment. Healthcare, commercial, and multifamily uses are identified as potential directions for the site. The property has access to major roadways and is approximately 27 miles from Waco.

Key Highlights

  • 35,516 SF mixed‑use property identified for redevelopment
  • Healthcare, commercial, and multifamily uses cited as redevelopment possibilities
  • Approximately 27 miles from Waco, with access to major roadways

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Dental Office Real Estate Agency Plumbing Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

98
Businesses Nearby

Demographics for 76661, TX

7,982
Population
3,159
Households
2.5
Avg Household Size
39
Median Age
9%
College-Educated
78%
High-School Grad
165.6 sq mi
ZIP Area
48
Density / Sq Mi
$40,379
Median Household Income
$32,736
Median Earnings
$716
Median Rent
$52,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property is identified for redevelopment with healthcare, commercial, or multifamily use potential.
Where is this mixed-use property located?
The property is located at 221 Virginia Avenue Marlin, TX.
What are key features of this property?
This property features: 35,516 SF mixed‑use property identified for redevelopment; Healthcare, commercial, and multifamily uses cited as redevelopment possibilities; Approximately 27 miles from Waco, with access to major roadways
(918) 630-3043 Call to check price and availability
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