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    1005 Main St Nacogdoches, TX 75961

    For Sale
    $1,050,000

    High-traffic retail center near SFA University

    Property size:
    3,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 3,300 sq ft retail shopping center in Nacogdoches, Texas, presents a compelling value-add investment opportunity. Located on a 0.69-acre hard corner lot at the intersection of University Drive and Main Street, this property benefits from high visibility and significant traffic flow. The single-story, multi-tenant building features three units and underwent renovations in 2020, including a new roof and exterior finishes. The B-2 (General Business) zoning allows for a variety of retail uses. Its proximity to Stephen F. Austin State University (1.4 miles) and the historic downtown (0.6 miles) ensures a consistent flow of customers. Ample parking is available, and the property boasts excellent visibility due to its prominent corner location on two major thoroughfares. The fee-simple ownership offers complete control and potential for future appreciation. This property is ideal for investors seeking a well-maintained, income-producing asset in a thriving university town. The gross lease structure simplifies management, and the existing tenancy provides immediate cash flow. The property's location on a signalized intersection further enhances its appeal. With its recent renovations and strategic location, this retail center represents a strong investment opportunity in a growing Texas market. The APN is 18-440-5401-002000. Asking price is $1,050,000.

    Property Features for 1005 Main St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    3,300 SF
    Class
    B
    Lot Size
    30,056 SF

    Building Details

    Year Renovated
    2020
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • Hard corner lot in a growing area of Nacogdoches, Texas.
    • Frontage on a major city thoroughfare.
    • Dense residential area with high population density.
    • Proximity to Nacogdoches' historic downtown.
    • Located en route to Stephen F. Austin State University.
    • Signalized intersection for high visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Nacogdoches
    County
    Nacogdoches
    State
    Texas
    Longitude
    -94.646914679806
    Latitude
    31.600446206746

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail center near SFA University
    Where is this lifestyle center located?
    The property is located at 1005 Main St Nacogdoches, TX.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: Hard corner lot in a growing area of Nacogdoches, Texas.; Frontage on a major city thoroughfare.; Dense residential area with high population density.
    Request Owner's contact information
    1005 Main St Nacogdoches, TX 75961
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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
    1005 Main St Nacogdoches, TX 75961
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