302 Nash St Terrell, TX 75160
- Commercial real estate
- 3,492 SF
- 0.10 lot acres
Current Use by Public Records
- Schnorrbusch Heating & Air Conditioning, LLC / Heating Contractor / Heating Equipment Supplier
Property Details for 302 Nash St
- Year built
- 1984
- Lot size
- 0.10 lot acres
- Property size
- 3,492 SF
- Property type
- Commercial real estate
- APN
- 00.3710.0076.0016.00.06.06
- APU
- 371000760016000606
Description
This exceptional 3,492 square foot office property, situated on a 0.1-acre corner lot in the heart of Downtown Terrell, Texas, presents a remarkable business opportunity. The building offers a flexible layout, easily adaptable to a 25-75% office-to-warehouse ratio, catering to a wide range of industries. The space boasts a fully climate-controlled environment thanks to its comprehensive HVAC system, ensuring year-round comfort for occupants. Two conveniently located bathrooms serve both the office and warehouse areas. The property's prime downtown location places it amongst established businesses, benefiting from high visibility and foot traffic. The Class C office space is impeccably finished, featuring attractive drop ceilings, abundant lighting, durable LVP flooring in some areas and carpet in others, making it immediately ready for occupancy. Practical features include a grade-level roll-up door at the front for easy loading and unloading, and double doors on the side providing convenient access to the warehouse area. The finished office area includes a well-appointed kitchenette and breakroom, providing employees with a comfortable and functional workspace. This property offers a unique blend of functionality, accessibility, and a highly desirable location, making it an ideal choice for businesses seeking to establish or expand their operations. Priced at $475,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $370,000
- 6.5%
- $365,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $375,000
- Geo Method
- $405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $350,000
- Retail
- $380,000
- Mixed-Use
- $415,000
- Hospitality
- $370,000
- Educational
- $405,000
- Residential Income
- $430,000
- Energy
- $340,000
- Income-Based Land
- $415,000
- Food Service
- $395,000
Location Insight
- Map
- Local Demand
- City
- Terrell
- County
- Kaufman
- State
- Texas
- Longitude
- -96.2745
- Latitude
- 32.7369
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA