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Property profile & analytics
OFF-MARKET
Office Spaces

113-115 Frances St Terrell, TX 75160

5,377 SF 0.12 ac lot Built 1940
Property ID
Property summary
AI-generated overview

This exceptional 5,377 square foot office building presents a compelling investment opportunity in Terrell, Texas, a city experiencing rapid growth within Kaufman County, ranked among the top ten fastest-growing counties nationally. Situated on a 0.12-acre lot at 113-115 N Frances Street, this property boasts a spacious reception area, perfect for welcoming clients and guests. The building's interior features thirteen private rooms, adaptable for use as individual offices or conference rooms, providing ample space for a variety of business needs. A significant asset is the 22' x 26' upstairs training room, ideal for workshops, seminars, or employee development programs. Further enhancing the functionality of the space is a well-equipped kitchen and break area, promoting employee comfort and convenience. The property is largely furnished, with all furnishings available for negotiation, offering flexibility for the new owner. This updated facility is located within an Opportunity Zone, presenting additional investment incentives. This is a rare chance to acquire a substantial and well-maintained office building in a thriving Texas community. The asking price for this turnkey operation is $660,000.

Property profile
Verified
Property type Office Spaces
Year built 1940
Total area 5,377 SF
Lot 0.12 ac (5,227 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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