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    2419 Palermo Pkwy Temple, TX 76502

    For Lease
    $22 SF/Yr ($5,624 /Mo)

    New 3,040 SF, Class A, High Visibility

    Lot size:
    3,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 3,040-square-foot commercial property in Temple, Texas, offers a unique opportunity for businesses seeking a modern and versatile space. Located at 2419 Palermo Parkway, 76502, this single-story, Class A building boasts excellent visibility along 31st Street and FM 93, ensuring high traffic and brand exposure. Constructed in 2022, the property is zoned GR - General Retail, allowing for a variety of uses. The space is currently available as a single 1,240-square-foot unit, perfect for a medical office, traditional office, or creative office setting. The building is offered in dark shell condition, providing flexibility for tenants to customize their space to their specific needs. A generous $20 per square foot tenant improvement allowance is included, making it an attractive option for businesses looking to create a functional and aesthetically pleasing workspace. Its convenient location within the region adds to its appeal, making it an ideal choice for businesses seeking a prominent and accessible location in Temple. The property's multiple tenancy option allows for flexibility in lease terms and space allocation.

    Property Features for 2419 Palermo Pkwy

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,040 SF
    Class
    A
    Total Rate
    5624

    Building Details

    Year Built
    2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    E120
    Size
    1,240 SF
    Rate per SF
    $22

    HighLights

    • High‑visibility retail/office park in South Temple, offering convenient access to Temple, Belton, and Academy/Little River.
    • Landmark‑quality design.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Integrity Rehab - Temple ... Physical Therapy Clinic Dr. Scott Thayer Endodontist Leon River Endodontics Dentist

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Temple
    County
    Bell
    State
    Texas
    Longitude
    -97.391368147094
    Latitude
    31.039157061124

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    FAQs

    What type of property is this?
    Office space - New 3,040 SF, Class A, High Visibility
    Where is this office space located?
    The property is located at 2419 Palermo Pkwy Temple, TX.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: High-visibility retail/office park in South Temple, offering convenient access to Temple, Belton, and Academy/Little River.; Landmark-quality design.;
    Request Owner's contact information
    2419 Palermo Pkwy Temple, TX 76502
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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
    2419 Palermo Pkwy Temple, TX 76502
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