1005 Red River St Mexia, TX 76667
This 2,937 square foot special purpose property, located at 1005 N Red River St, Mexia, TX 76667, is offered for sale at $150,000. Situated on a 0.55-acre lot (APN R1037), this Limestone County property presents a unique opportunity for diverse uses. Previously utilized as a Kingdom Hall, the building boasts an adaptable floor plan, making it suitable for various purposes including, but not limited to, religious centers or office spaces. The building's open layout allows for seamless conversion to meet specific needs. The asking price equates to $51.07 per square foot. The entire 2,937 square feet is net rentable. This versatile property offers significant potential for those seeking a flexible space to tailor to their specific requirements. The property's location in Mexia, Texas provides convenient access to local amenities and transportation. This is a for sale by owner listing. Serious inquiries are encouraged to explore the possibilities this property offers.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.