3 2Nd St Temple, TX 76501
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.
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.