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1612 Hwy Mabank, TX 75147

  • Commercial real estate
  • 1,900 SF
  • 0.35 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 1612 Hwy

Year built
1957
Lot size
0.35 lot acres
Property size
1,900 SF
Property type
Commercial real estate

Description

This exceptional 1,900 square foot commercial building in Mabank, Texas, presents a unique investment opportunity. Situated on a 0.35-acre lot, this property boasts almost $200,000 in recent renovations, completed within the past year. The building itself is a fully renovated mid-century modern structure, featuring a new roof, foundation work, and a fresh coat of paint, both inside and out. The interior includes four offices, a dedicated technology room, a break room, and two restrooms, all ADA-compliant. Luxury vinyl plank flooring runs throughout the space. The property also benefits from a brand new parking lot, ensuring ample space for customers and employees. Enjoy beautiful views of a pond located behind the building, and appreciate the added security of a freshly painted solid pipe fence surrounding the 0.35-acre lot. This prime commercial location is in a high-traffic area of Mabank, experiencing significant growth. Its convenient location is just one minute from Lowe's, McDonald's, car dealerships, and schools. The property's strategic placement directly across from a large fireworks store further enhances its visibility and accessibility. Previously a thriving landscaping business, this versatile space is ideal for a variety of commercial uses, including offices, studios, or retail. The property is offered with owner financing, making it an even more attractive proposition. Note that the 121 acres surrounding the property have recently been sold and are slated for major development, promising further growth and increased value in the area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Mabank
County
Henderson
State
Texas
Longitude
-96.1079
Latitude
32.3455
More about this property
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