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Property profile & analytics
OFF-MARKET
Office Spaces

1005 Red Riv Rdg Mexia, TX 76667

2,937 SF 0.55 ac lot Built 1976
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1976
Total area 2,937 SF
Lot 0.55 ac (23,958 SF)
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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