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Property profile & analytics
OFF-MARKET
Day care centers

1414 Main St Madisonville, TX 77864

1,942 SF 0.75 ac lot Built 1955
Property ID
US83-0164998
Property summary
AI-generated overview

This exceptional 1,942 square foot mixed-use property, situated on a 0.75-acre lot at 1414 E Main St in Madisonville, Texas (zip code 77864), presents a unique investment opportunity. The property, built in 1955 and extensively renovated in 2018, boasts two buildings on a single story, offering versatile zoning that permits both commercial and residential uses. The property's classification is C. The net rentable square footage is 1,942 square feet, encompassing a single unit. Its prime location on Main Street offers unparalleled visibility and accessibility, positioned advantageously between I-45 and Highway 75. The property benefits from its proximity to major retailers such as Walmart and Tractor Supply, ensuring high foot traffic and brand recognition. The spacious lot includes a large detached garage and a circular driveway with two separate entrances from Main Street, providing ample parking. This versatile property is ideal for a variety of uses, including daycare, medical office, traditional office, or even a combination thereof, making it an attractive option for both business owners and investors seeking a high-traffic location with significant potential. The asking price is $340,000. The property's APN is 17831.

Property profile
Verified
Property type Day care centers
Year built 1955
Total area 1,942 SF
Lot 0.75 ac (32,670 SF)
APN 17831
UPID US83-0164998
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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