324 Main St, Hallsville, TX 75650
This exceptional investment opportunity presents a multi-tenant retail portfolio in Hallsville, TX, encompassing two buildings totaling 9,700 square feet on a 0.68-acre lot. Located at 324-336 W. Main St, this property boasts high visibility from Highway 80, experiencing a daily traffic count of 44,539 vehicles. The portfolio comprises seven units, currently at 42% occupancy, with a mix of retail and restaurant tenants, including a restaurant with a drive-thru. The property features a six-suite retail plaza and a freestanding building, offering flexibility for various business types, such as restaurants, event spaces, or convenience stores. Built in 2003, this one-story property offers 37 parking spaces. The asking price is $1,280,000, representing a price per square foot of $131.96 and a projected cap rate of 6.30%. The current lease type is gross, with a remaining lease term of four years. This value-add investment presents a compelling opportunity to capitalize on the growth of Hallsville and its strategic location near major traffic arteries and established businesses. The property's high visibility and diverse tenant mix make it an attractive proposition for investors seeking strong returns.
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
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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.