Property profile

2110 31st St Temple, TX 76504

OFF-MARKET
Commercial real estate
Property ID
US83-0787190
6,800 SF 0.85 ac lot Built 2017
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,300 square foot retail space is situated in a thriving Temple, Texas location at 2110 S 31st St, zip code 76504. Part of a larger 6,600 square foot building constructed in 2017, this single-story property boasts a T5-C-PD zoning designation. The building features a total of three suites, offering a multiple tenancy opportunity. This space is ideally positioned within the rapidly expanding Temple Medical and Education District (TMED), a mixed-use development near the intersection of 31st Street and HK Dodgen Loop. Benefit from exceptional visibility and high foot traffic due to its proximity to major employers, including Baylor Scott & White's main hospital campus (employing over 8,000 people). Enjoy the advantage of being next to established businesses such as Zales and Burger King, and across the street from a major medical facility. The surrounding area is rich with amenities, including hotels like Fairfield Inn & Suites and Country Inn & Suites, along with popular restaurants and retailers such as CVS Pharmacy, H-E-B, Buffalo Wild Wings, Jersey Mike's, Zaxby's, MOD Pizza, and Rosa's. This property presents a unique opportunity for businesses seeking a high-visibility location within a dynamic and growing community. The APN is 470456.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2017
Total area 6,800 SF
Lot 0.85 ac (37,026 SF)
APN 470456
UPID US83-0787190

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • (Bike/Boat/Book/etc) Store

Location

2110 31st St Temple, TX 76504-6795
Temple metro Census 21101 KILLEEN-TEMPLE-FORT HOOD, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.06M
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$1.09M

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2018
Price N/A

Zoning & alternative use

Top alternative use upside
Industrial (general) $810,000 +15.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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