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Property profile & analytics
OFF-MARKET
Lifestyle centers

3 2Nd St Temple, TX 76501

13,900 SF
Property ID
Property summary
AI-generated overview

This exceptional retail property, located at 3 & 5 South 2nd Street in Temple, Texas, presents a unique investment opportunity. The 13,900 square foot building is currently vacant, offering a blank canvas for a variety of commercial uses. With four units available, the property is zoned for commercial use and features a NNN lease type. The asking price is $695,000, translating to $50 per square foot. The property's prime location in downtown Temple places it within easy reach of a thriving culinary scene, diverse shopping options, and numerous entertainment venues, including the Yard Food Truck Plaza, Treno Pizzeria & Taproom, Cheeves Brothers Steak House, and several breweries. The area also boasts a rich history, with museums and cultural attractions drawing visitors year-round. This vibrant downtown location offers high visibility and accessibility, making it an ideal investment for a savvy entrepreneur seeking to establish a presence in a growing Texas market. The property's size and versatility make it suitable for a range of retail concepts, from restaurants and bars to specialty shops and boutiques. The APN is 47870. This is a chance to acquire a substantial retail space in a dynamic and expanding urban core.

Property profile
Verified
Property type Lifestyle centers
Total area 13,900 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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