1005 Red Riv Rdg Mexia, TX 76667
This exceptional 2,937 square foot office building, situated on a 0.55-acre lot at 1005 N Red River Ridge in Mexia, Texas, presents a unique investment opportunity. Previously utilized as a Kingdom Hall, the property boasts a highly adaptable floor plan, making it suitable for a wide range of commercial uses. The open layout offers significant flexibility for customization, allowing future owners to create a space perfectly tailored to their specific needs. The building's recent history demonstrates its structural soundness and adaptability, minimizing potential renovation costs. Its location in Mexia provides convenient access to local amenities and transportation routes. This property is ideal for businesses seeking to establish a strong presence in the area or for organizations requiring a spacious and versatile facility. The ample space and adaptable design offer significant potential for growth and expansion. The 0.55-acre lot provides ample parking and potential for future development. This is a rare opportunity to acquire a well-maintained commercial property with significant upside potential in a desirable location. The asking price is $139,900. Don't miss this chance to secure a valuable asset in the thriving Mexia market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.