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Property profile & analytics
OFF-MARKET Estimated value $1,305,000
Strip malls

12702 Toepperwein Rd Live Oak, TX 78233-3278

62,515 SF 4.35 ac lot Built 1985
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US83-3842127
Property summary
AI-generated overview

Plaza I-35 Shopping Center presents a unique investment opportunity in Live Oak, Texas. This two-story commercial property boasts a total of 51,607 square feet, divided into 13 individual suites, offering flexibility for a variety of tenants. The property's diverse suite options cater to a range of business types, including traditional office, executive office, medical office, coworking spaces, and creative office uses. Its strategic location at 12702 Toepperwein Rd, Live Oak, TX 78233, offers high visibility and impressive traffic counts due to its proximity to I-35 and Toepperwein Road. This high-traffic area is further enhanced by its adjacency to numerous national retailers, creating a vibrant retail environment and increased foot traffic. The property's location directly across from Methodist Northeast Hospital presents a significant advantage for businesses serving the healthcare community, including medical professionals, patients, and visitors. The Northeast submarket of Live Oak provides a strong foundation for business growth and success. This property offers a compelling combination of location, size, and versatility, making it an ideal investment for those seeking a thriving commercial space in a rapidly growing area. The property is classified as Retail and Office, with multiple tenancies available.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Total area 62,515 SF
Lot 4.35 ac (189,312 SF)
APN 05048-701-0026
UPID US83-3842127
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.31M
Owner & transaction history
Mac Plaza I-35 LLC · 7 yrs held
Mac Plaza I-35 LLC
since 2019
7 recorded transactions
2019
Price N/A
2013
Price N/A
2012
$3.0M
2008
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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