Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1007 Milam St Mexia, TX 76667

    For Lease
    $8 SF/Yr

    High-traffic Mexia retail space available.

    Lot size:
    71,060 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This Class B retail property, located in Limestone County off E Milam St in Mexia, offers a significant big box space ideal for a variety of retail uses. The single-building shopping center comprises 71,060 square feet and is currently divided into four suites. A prime 10,500 square foot space is immediately available, representing a substantial portion of the total vacant square footage (also 10,500 sq ft). The maximum contiguous space available is also 10,500 square feet. The property's location ensures high visibility and accessibility for customers. With a minimum divisible space of 10,500 square feet, this property is perfect for a single large tenant or a smaller tenant seeking a significant footprint. Annual property taxes are $1 per square foot. This presents a unique opportunity to establish or expand a retail presence in a thriving market. The property is categorized as a shopping center with multiple tenancies. The building features a total of four suites. This is a rare opportunity to secure a substantial retail space in a desirable location. Serious inquiries are encouraged.

    Property Features for 1007 Milam St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    71,060 SF
    Class
    B
    Total Rate
    50334.17

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    10,515 SF
    Rate per SF
    $8

    HighLights

    • 71,060 SF retail shopping center in Limestone County.
    • 10,500 SF of vacant space available.
    • Four total suites, minimum divisible space 10,500 SF.
    • Class B building with one structure.
    • $1.00 per square foot in annual property taxes.
    • Located on E Milam St in Mexia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mexia
    County
    Limestone
    State
    Texas
    Longitude
    -96.469511770614
    Latitude
    31.684849297662

    Nearby Comparable

    • $12 SF/Yr
      3,650 SF

      Mexia Retail Space: Prime Location

      3,650 sq ft Retail Space, Excellent Visibility
      1001 Milam St, Mexia, TX 76667
      View Details
    • $12 SF/Yr
      3,650 SF

      Retail Space in Downtown Mexia

      Second generation retail space with excellent visibility and ample parking.
      1001-1003 E Milam St, Mexia, TX 76667
      View Details
    • $850,000
      8,000 SF

      Retail/Flex Building in Mexia, Texas

      Retail/flex building on 1.11 acres available for sale or lease.
      909 E Milam St, Mexia, TX 76667
      View Details
    • Contact for pricing
      2,959 SF

      Mexia Retail Building - Hwy 84

      Prime Mexia retail space, high traffic location.
      704 Milam St, Mexia, TX 76667
      View Details
    • $379 /Mo

      Teague Multifamily Property For Rent

      Multifamily property available for rent in Teague, Texas.
      740 Us Highway 84 W, Teague, TX 75860
      View Details
    • $10 SF/Yr
      25,000 SF

      Fairfield Retail Space For Lease

      Spacious 6,380 SF retail space in Fairfield, Texas.
      406 E Commerce St, Fairfield, TX 75840
      View Details

    Nearby Similar for Lease

    • $850,000
      8,000 SF

      Retail/Flex Building in Mexia, Texas

      Retail/flex building on 1.11 acres available for sale or lease.
      909 E Milam St, Mexia, TX 76667
      View Details
    • $12 SF/Yr
      3,650 SF

      Retail Space in Downtown Mexia

      Second generation retail space with excellent visibility and ample parking.
      1001-1003 E Milam St, Mexia, TX 76667
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - High-traffic Mexia retail space available.
    Where is this lifestyle center located?
    The property is located at 1007 Milam St Mexia, TX.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 71,060 SF retail shopping center in Limestone County.; 10,500 SF of vacant space available.; Four total suites, minimum divisible space 10,500 SF.
    Request Owner's contact information
    1007 Milam St Mexia, TX 76667
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1007 Milam St
    Mexia, TX 76667
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1007 Milam St Mexia, TX 76667
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.