837 State Hwy Mexia, TX 76667
This exceptional Mexia, Texas commercial property presents a unique investment opportunity. The main building offers approximately 3,566 square feet of adaptable space, perfect for retail, office, or other commercial ventures. Recent upgrades include two brand-new air conditioning units and a state-of-the-art monitored fire alarm system, enhancing both comfort and security. The roof is only six months old, eliminating immediate roof replacement concerns. Adding to its versatility, the property includes a substantial workshop exceeding 1,600 square feet. This workshop boasts a convenient loading dock, insulation, heating, air conditioning, and energy-efficient LED lighting, making it ideal for storage, light manufacturing, or other industrial uses. The 0.59-acre lot provides ample space for expansion or outdoor activities. Located in Mexia, this property offers a blend of functionality and convenience, making it an attractive proposition for business owners and investors seeking a versatile space in a desirable location. The asking price reflects a compelling value for this well-maintained and upgraded commercial property. This is a rare opportunity to acquire a property with significant potential for growth and profitability.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.