402 Ragsdale St Jacksonville, TX 75766
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.