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Two-Building Flex Space Property
For Sale
$370,000

508 E Frederick Street, Riesel, TX 76682

CommercialSale, Riesel, TX

Property Size7,298 SF
Lot Size0.99 Acres
Price / SF$50.70
Days on Market54

Property Features for 508 E Frederick Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Driveway, Parking Lot
Accessibility Accessible Approach with Ramp
Subdivision Orau
Directions Frederick St. is FM 1860. From Highway 6, take a left on Frederick. Property is on the right, across from the fire station.
Standard status Active
APN 420020000072005
Lot size 0.99 Acres

Taxes and HOA fees

Tax Description O'RAU LOT 5A 6A 7 8A BLOCK G ACRES .99
Tax Annual Amount 6869
Legal Description O'RAU LOT 5A 6A 7 8A BLOCK G ACRES .99

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1965
Floors in Building 1
Number of units 2
Flooring type Concrete, Laminate
Building materials Brick, MetalSiding
Roof type Asphalt, Metal
Listing Agency: Kelly, Realtors
Listed By: Kyla Dieterich · License #0505439
Added: Jul 10 Changed: Aug 25 Last Checked: Sep 1 at 11:06AM
MLS# 21100968

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex space property includes two buildings on a 0.99-acre lot. The improvements reflect former church and daycare configurations, with each structure offering two bathrooms and a full kitchen. Interior finishes include concrete and laminate flooring, while brick and metal siding are present among the construction materials. Central heating and air conditioning support both buildings.

The property is located on E Frederick Street in Riesel, Texas, with access from the town’s main road. Parking is provided through a driveway and parking lot. An accessible approach with ramp is included. Public water and public sewer serve the property, and the roofs include asphalt and metal systems. Built in 1965, the site offers a flexible commercial layout with multiple existing building features.

Key Highlights

  • Two buildings on a 0.99‑acre commercial lot
  • Each building includes two bathrooms and a full kitchen
  • Former church and daycare configurations

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Bakery Building Supply Pet Grooming Service 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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby
Well-served
Demand for This Use

Demographics for 76682, TX

2,798
Population
1,319
Households
2.1
Avg Household Size
42
Median Age
22%
College-Educated
93%
High-School Grad
124.3 sq mi
ZIP Area
23
Density / Sq Mi
$78,750
Median Household Income
$39,875
Median Earnings
$1,163
Median Rent
$157,100
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two improved structures offer kitchens, restrooms, parking, and adaptable interior space for commercial occupancy.
Where is this flex space located?
The property is located at 508 E Frederick Street Riesel, TX.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Two buildings on a 0.99‑acre commercial lot; Each building includes two bathrooms and a full kitchen; Former church and daycare configurations
More about this property
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