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

    1303 Mound St Nacogdoches, TX 75961

    Sponsored
    For Sale
    $2,500,000

    12,200 SF Medical Office, Vacant, $2.5M

    Property size:
    12,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    405
    This exceptional 12,200-square-foot medical office building presents a unique owner-user opportunity in Nacogdoches, Texas. Located at 1303 N Mound St, this single-story, Class B building, constructed in 2003, sits on a 1.25-acre lot and benefits from a prime location in the heart of the hospital district, adjacent to Memorial Hospital and the medical office district. The property features a highly efficient wall-intensive floor plan, ideal for specialty and group practices, with multiple entrances, meeting rooms, exam and treatment areas, administrative offices, and dedicated space for specialty services including a cath lab and X-ray facilities, plus ample storage. The building boasts 20 painted parking spaces, with a large expansion lot capable of accommodating an additional 44 spaces. Other key features include a backup generator and two covered building entrances. The property is zoned M Medical and is conveniently located near Stephen F. Austin State University (SFASU) campus. This is a rare opportunity to acquire a well-maintained, strategically located medical office building with significant growth potential. The asking price is $2,500,000, with a price per square foot of $204.92. The APN is 23788. The property is currently vacant.

    Property Features for 1303 Mound St

    General Information

    Property type
    Medical offices
    Square Feet
    12,200 SF
    Class
    B
    Lot Size
    54,450 SF

    Building Details

    Year Built
    2003
    Buildings
    1
    Stories
    1

    We can help!

    Listing Contact
    Jonathan Dunn
    Jonathan Dunn

    Learn more

    Property Insight Report

    HighLights

    • High‑visibility corner location at North Mound St and Bailey Ave, adjacent to Stephen F. Austin State University (now part of the UT System).
    • Built in 2003.
    • 20 painted parking spaces plus ample expansion land.
    • Backup generator on‑site.
    • Efficient, wall‑intensive floor plan.
    • Ideal layout for medical or group practices, promoting efficient patient flow.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nacogdoches Heart Clinic Heart Hospital Nacogdoches Heart Clinic: ... Doctor Dr. Prabhakar R. ... Cardiologist Dr. Kashmira A. Massani, ... Internist The Oldest Town Foundation ... Concrete Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Nacogdoches
    County
    Nacogdoches
    State
    Texas
    Longitude
    -94.649431427136
    Latitude
    31.614887708126

    Nearby Similar for Sale

    • $825,000
      60.00 Acres

      Nacogdoches Poultry Farm on 60 Acres

      Profitable poultry farm with updated chicken houses and residential home.
      2416 Fm 2713, Nacogdoches, TX 75961
      View Details
    • $630,000
      20.00 Acres

      Nacogdoches Poultry Farm on 60 Acres

      Poultry farm on 60 acres with three chicken houses.
      2416 Fm 2713, Nacogdoches, TX 75961
      View Details
    • $595,000
      42.00 Acres

      Income-Producing Farm and Ranch Property

      42-acre farm with poultry operation, rental income, and cattle facilities.
      306 Bradshaw Ln, Nacogdoches, TX 75965
      View Details
    • $1,400,000
      5.50 Acres

      Distillery and Event Venue Opportunity

      Thriving distillery and event venue on 5.5 acres for sale.
      7905 Us Highway 59, Nacogdoches, TX 75964
      View Details
    • $375,000
      Pending

      Downtown Nacogdoches Commercial Property

      Tenant-occupied commercial property in historic downtown Nacogdoches.
      112 N Church St, Nacogdoches, TX 75961
      View Details
    • $950,000
      1,754 SF

      Versatile Property in High-Traffic Location

      Mixed-use property with residential structure and commercial zoning.
      5900 North St, Nacogdoches, TX 75965
      View Details
    • $1,605,556
      13,608 SF

      Nacogdoches Investment Property Package

      Turnkey investment: nine single-family homes and one duplex.
      Liles Blvd, Nacogdoches, TX 75964
      View Details
    • $1,400,000
      5.57 Acres

      Distillery and Event Venue Opportunity

      Thriving distillery and event venue on 5.5 acres for sale.
      7905 S Us Highway 59, Nacogdoches, TX 75964
      View Details
    • $1,500,000
      26,386 SF

      Remodeled Facility on 4 Acres

      Remodeled 56-bedroom facility with private baths on 4 acres.
      611 W Stallings Dr, Nacogdoches, TX 75964
      View Details
    • $850,000
      6,000 SF

      Nacogdoches Retail Investment Opportunity

      6,000 SF retail building on 5 acres for sale.
      5287 Hwy 59S, Nacogdoches, TX 75964
      View Details
    • $1,650,000
      8,114 SF

      Nacogdoches Restaurant on North Street

      Turnkey restaurant on 1.62 acres in high-traffic area.
      3217 North St, Nacogdoches, TX 75965
      View Details
    • $325,000
      1,680 SF

      Restaurant on State Highway 59

      High-visibility restaurant investment opportunity in a high-traffic retail corridor.
      3415 South St, Nacogdoches, TX 75964
      View Details

    FAQs

    What type of property is this?
    Medical office - 12,200 SF Medical Office, Vacant, $2.5M
    Where is this medical office located?
    The property is located at 1303 Mound St Nacogdoches, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: High-visibility corner location at North Mound St and Bailey Ave, adjacent to Stephen F. Austin State University (now part of the UT System).; Built in 2003.; 20 painted parking spaces plus ample expansion land.
    Request Owner's contact information
    1303 Mound St Nacogdoches, TX 75961
    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.
    1303 Mound St
    Nacogdoches, TX 75961
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1303 Mound St Nacogdoches, TX 75961
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jonathan Dunn
    Jonathan Dunn
    Real Estate License ID: TX 643757
    Learn more
    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.