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    318 Hewitt Dr Hewitt, TX 76643

    For Lease
    $22 SF/Yr ($5,632 /Mo)

    Prime Retail Space, 3072 sq ft, High Visibility

    Lot size:
    3,072 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3,072 square foot single-tenant retail property, located at 318 N Hewitt Dr in Hewitt, TX, presents a unique investment or leasing opportunity. Built in 1980, the entire building is currently vacant, offering a blank canvas for a new business venture. The property's classification is a gas station, situated in McLennan County, and benefits from a highly visible location, ideal for attracting customers. The flexible layout allows for customization to suit a variety of business needs. This property is perfect for entrepreneurs seeking a well-positioned space to establish or expand their operations. The substantial square footage provides ample room for various retail uses, and the single-tenant occupancy ensures complete control and flexibility. The property's strategic location promises high traffic and excellent visibility, making it an attractive proposition for businesses seeking maximum exposure. This is a rare opportunity to acquire a well-located, sizable retail space in a thriving area. Serious inquiries are encouraged to explore the potential of this remarkable property.

    Property Features for 318 Hewitt Dr

    General Information

    Property type
    Automotive properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,072 SF
    Total Rate
    5632

    Building Details

    Year Built
    1980
    Buildings
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,072 SF
    Rate per SF
    $22

    HighLights

    • Retail gas station property totaling 3,072 square feet.
    • Single‑tenant occupancy.
    • Building size: 3,072 square feet, currently vacant.
    • Built in 1980.
    • Located in McLennan County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hewitt
    County
    McLennan
    State
    Texas
    Longitude
    -97.1991962
    Latitude
    31.469682

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    FAQs

    What type of property is this?
    Automotive property - Prime Retail Space, 3072 sq ft, High Visibility
    Where is this automotive property located?
    The property is located at 318 Hewitt Dr Hewitt, TX.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Retail gas station property totaling 3,072 square feet.; Single-tenant occupancy.; Building size: 3,072 square feet, currently vacant.
    Request Owner's contact information
    318 Hewitt Dr Hewitt, TX 76643
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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
    318 Hewitt Dr Hewitt, TX 76643
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