O Coleman St Kaufman, TX 75142
- Investment properties
- 2,520 SF
- 0.10 lot acres
Current Use by Public Records
- Investment properties
Property Details for O Coleman St
- Year built
- 1900
- Lot size
- 0.10 lot acres
- Property size
- 2,520 SF
- Property type
- Investment properties
Description
This exceptional 2,520 square foot metal building presents a unique investment opportunity in the thriving city of Kaufman, Texas. Situated at the high-traffic intersection of Highway 34 and 243, this property boasts unparalleled visibility and accessibility. Previously utilized as a warehouse, the building offers a substantial footprint ready for adaptive reuse. However, prospective buyers should be aware that the City of Kaufman will not issue a Certificate of Occupancy due to current non-compliance with city parking regulations. This presents a savvy investor with the chance to acquire a prime commercial property at a potentially discounted price. The 0.1-acre lot provides ample space to address the parking deficiency and bring the property into full compliance. The building's sturdy metal construction ensures durability and longevity, making it an ideal foundation for a variety of commercial ventures. With strategic planning and investment in a compliant parking solution, this property can be transformed into a highly profitable business hub, capitalizing on its exceptional location and significant potential. The asking price reflects the need for parking remediation, offering a compelling opportunity for an investor willing to undertake this necessary improvement. This is a chance to acquire a substantial commercial property in a growing market at a price point that reflects the required upgrades.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kaufman
- County
- Kaufman
- State
- Texas
- Longitude
- -96.2998
- Latitude
- 32.589
