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Property profile & analytics
OFF-MARKET
Lifestyle centers

6401 Tx-317 Temple, TX 76502

9,650 SF 0.99 ac lot
Property ID
Property summary
AI-generated overview

Live Oak Square, a 9,650 square foot shopping center in Temple, Texas, presents a compelling investment opportunity. This 100% occupied, multi-tenant property boasts a strong net operating income (NOI) of $143,248, yielding a 7.20% cap rate. The asking price is $1,990,000, and the sale includes a seller leaseback for a remaining term of 3 years under a Net Net (NN) lease. Strategically located on TX-317, the property benefits from high visibility with approximately 22,950 vehicles passing daily. The 0.99-acre lot is zoned GR, and the property is ideally situated within a 3-mile radius of over 2,200 residential units. This retail investment offers a stable income stream with significant upside potential, given the property's prime location and high occupancy rate. The strong demographics of Temple, Texas, further enhance the long-term value of this asset. The property's location provides convenient access to a thriving community, benefiting from the economic activity and population growth in the area. This is an exceptional opportunity for investors seeking a stable, high-performing retail investment in a growing Texas market.

Property profile
Verified
Property type Lifestyle centers
Total area 9,650 SF
Lot 0.99 ac (43,124 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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