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    330 Elco Ln China Spring, TX 76633

    For Sale
    $399,000

    Multi-use property with office, apartment, & storage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial property, situated on a 2-acre lot at 330 Elco Lane in China Spring, Texas, 76633, presents a unique investment opportunity. Priced at $399,000, this multi-use property boasts a versatile layout designed to maximize functionality and profitability. The property includes multiple buildings offering ample space for various business ventures. Significant parking and storage areas are available, catering to diverse operational needs. A dedicated professional office space is included, thoughtfully designed for optimal productivity and efficiency. Adding to its appeal, the property features a comfortable apartment, providing convenient on-site living accommodations. This combination of commercial and residential space makes it ideal for owner-occupancy or as a rental investment. The property's location in China Spring, McLennan County, offers easy access to local amenities and transportation routes. This property is also available for lease, providing additional income potential. This is a rare opportunity to acquire a well-equipped, multi-use property in a desirable location. Don't miss out on this chance to own a versatile and profitable asset.

    Property Features for 330 Elco Ln

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • $399,000 asking price.
    • 2‑acre commercial land parcel in China Spring, TX.
    • Special purpose property with multiple buildings, ample parking and storage.
    • Includes a professional office space and a residential apartment.
    • Located at 330 Elco Lane, China Spring, TX 76633.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    JH Contracting, LLC Contractor

    Suggested Use

    Realty agency

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

    Location Insight

    • Map
    • Local Demand
    City
    China Spring
    County
    McLennan
    State
    Texas
    Longitude
    -97.337815
    Latitude
    31.6433252

    Nearby Comparable

    • $399,000
      6,064 SF

      330 Elco Ln: Industrial Multi-Use

      China Spring, TX: Warehouse, Office, Apartment
      330 Elco Ln, China Spring, TX 76633
      View Details
    • $275,000
      10.00 Acres

      Wooded Land with Pond

      10-acre wooded land with pond in China Spring, TX.
      15730 Old China Spring Rd, China Spring, TX 76633
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    • $975,000
      41.71 Acres

      Expansive Land in China Spring, TX

      41.71 acres of land ideal for farming and ranching.
      1311 Talbert Ranch Rd, China Spring, TX 76633
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    Nearby Similar for Sale

    • $850,000
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    • $1,600,000
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      Texas Ranch with Barndominium Home

      65-acre ranch featuring a barndominium and guest house.
      2820 Talbert Ranch Rd, China Spring, TX 76633
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    • $220,000
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      Unique Retail/Office Opportunity in Texas

      Versatile property in growing China Spring, ideal for retail/office use.
      13267 China Spring Rd, China Spring, TX 76633
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    • $399,000
      6,064 SF

      330 Elco Ln: Industrial Multi-Use

      China Spring, TX: Warehouse, Office, Apartment
      330 Elco Ln, China Spring, TX 76633
      View Details

    FAQs

    What type of property is this?
    Land - Multi-use property with office, apartment, & storage.
    Where is this land located?
    The property is located at 330 Elco Ln China Spring, TX.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: $399,000 asking price.; 2-acre commercial land parcel in China Spring, TX.; Special purpose property with multiple buildings, ample parking and storage.
    Request Owner's contact information
    330 Elco Ln China Spring, TX 76633
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    China Spring, TX 76633
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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
    330 Elco Ln China Spring, TX 76633
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