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Property profile & analytics
OFF-MARKET
Commercial real estate

402 Ragsdale St Jacksonville, TX 75766

16,340 SF Built 1990
Entity Owned 4-yr Hold
Property ID
US82-5160205
Property summary
AI-generated overview

This exceptional two-story office building, totaling 16,340 square feet, presents a unique investment opportunity in the heart of Jacksonville's Central Business District. Located at 402 S Ragsdale St, Jacksonville, TX 75766, this Class B property boasts a convenient and highly desirable address, situated directly adjacent to UT Health Jacksonville Hospital. Built in 1990, the building is currently vacant, offering flexibility for a variety of uses. The asking price is $500,000, translating to $30.60 per square foot. Previously occupied by a single owner-user, this property is easily adaptable for multi-tenant occupancy or could be leased as a whole. Its prime location and proximity to a major medical facility make it an attractive prospect for both owner-users and investors seeking a strong return. The property's 16,340 square feet provide ample space for a variety of business needs. This is a rare opportunity to acquire a well-situated commercial property in a thriving Texas city. Consider the potential for significant return on investment in this dynamic market. The property's vacant status allows for immediate customization to suit your specific business requirements.

Property profile
Verified
Property type Commercial real estate
Year built 1990
Total area 16,340 SF
UPID US82-5160205
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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Comparable Approach Comparable
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by Request
Owner & transaction history
Sts Recycling Re LLC · 4 yrs held
Sts Recycling Re LLC
since 2022
2 recorded transactions
2022
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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