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Property profile & analytics
FOR LEASE
Commercial real estate

300 S Main St McGregor, TX 76657

14,400 SF 0.16 ac lot Built 1912
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US82-1191990
Property summary
AI-generated overview

This exceptional commercial property, located at 300 S Main St, McGregor, TX 76657, presents a unique investment opportunity. The single-tenant office building boasts a substantial 14,440 square feet of space, ideal for a variety of commercial uses. Situated on a prominent corner lot (0.17 acres) in McGregor's General Commercial District, this property benefits from high visibility and accessibility. The zoning allows for a diverse range of businesses, including office, service commercial, retail commercial, and highway commercial uses, ensuring flexibility for future tenants or owners. The building's strategic location ensures convenient access to major traffic arteries, maximizing exposure and attracting a wide customer base. This property is perfect for an owner-occupier seeking a large, well-located office space or an investor looking for a strong return on investment in a thriving commercial area. The single-tenant occupancy simplifies management and provides a stable income stream. The property's size and location make it an attractive option for businesses seeking a significant presence in the McGregor market. This is a rare opportunity to acquire a substantial commercial property in a desirable location with excellent growth potential. The property's prime location and versatile zoning make it a highly sought-after asset.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1912
Construction WOOD
Total area 14,400 SF
Lot 0.16 ac (7,187 SF)
Zoning code C
APN 341340000333003
UPID US82-1191990
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
$661k
Blend (final) Blend
$530k
Owner & transaction history
Tmt & B INC · 8 yrs held
Tmt & B INC
since 2017
7 recorded transactions
2021
Price N/A
2017
Price N/A
2014
Price N/A
2014
Price N/A
2010
Price N/A
2008
Price N/A
2008
Price N/A
Zoning & alternative use
C · Mcgregor, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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