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    Property profile & analytics

    1001 Milam St Mexia, TX 76667

    • Commercial real estate
    • 45,202 SF
    • 2.39 lot acres
    For Lease
    View listing
    $12 SF/Yr
    Value Estimation
    Last Sale
    Sep 14, 2020
    Location Intelligence
    Property ID
    US82-9772578
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1001 Milam St

    Lot size
    2.39 lot acres
    Property size
    45,202 SF
    Property type
    Commercial real estate
    APN
    R14566
    APU
    R14566

    Description

    This 3,650 square foot retail space is located at 1001 E Milam Street in Mexia, Texas, within Limestone County (zip code 76667). The property is classified as a shopping center with multiple tenancies, although currently only one suite is available. The building sits on a commercial lot and offers a convenient, high-visibility location on a main highway in downtown Mexia, ensuring excellent access for local customers. Previously configured as a fitness center, the space includes a well-designed floor plan and existing locker rooms, making it ideal for a quick conversion or continued use as a fitness facility. Ample parking is available for customers and employees. The property presents a "plug and play" opportunity for a variety of retail businesses seeking a ready-to-occupy space in a thriving downtown area. This single-suite space offers immediate occupancy and is well-suited for businesses seeking a strong presence in the Mexia market. The property's prime location and existing infrastructure make it an attractive investment opportunity. Interested parties should inquire for further details.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mexia
    County
    Limestone
    State
    Texas
    Longitude
    -96.4708
    Latitude
    31.6854

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $35,375
    $144,980
    $1,172,240
    $1,317,220
    -
    $144,980
    $1,172,240
    $1,317,220

    Comparable in this City

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      Bonham Main

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      505 Canton St

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      212 Commerce St

      COMMERCIAL (GENERAL) • 2,235 SF
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    • Contact for pricing
      0.40 Acres

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    Similar Nearby for Lease

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    • $12 SF/Yr
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      Mexia Retail Space: Prime Location

      3,650 sq ft Retail Space, Excellent Visibility
      1001 Milam St, Mexia, TX 76667
      View Details
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    Mexia, TX 76667
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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