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Property profile & analytics

518 N Breckenridge Ave Breckenridge, TX 76424

  • Commercial real estate
  • 5,576 SF
  • 0.30 lot acres
For Sale
Last Sale
Jul 03, 2023
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-9172813
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Freedom Insurance Group - Auto & Home Insurance / Insurance Agency
  • McKinley Rother DiMarco (MRD) Insurance Services / Insurance Agency

Property Details for 518 N Breckenridge Ave

Lot size
0.30 lot acres
Property size
5,576 SF
Property type
Commercial real estate
APN
R000010241
APU
R000010241

Description

This exceptional 2,958 square foot commercial building in Breckenridge, Texas, presents a unique investment opportunity. Situated on a 0.29-acre lot along a major highway, this property boasts high visibility and convenient access. The building features two distinct entrances, each leading to separate office spaces. One entrance opens to a reception area and five individual offices, ideal for a professional practice or small business. The second entrance accesses a large, versatile room with a fireplace and restroom, offering potential for conversion into residential space or a unique office layout. A shared break room, kitchenette, and gender-neutral restrooms add convenience. Recent renovations include fresh paint, new sheetrock, updated flooring, energy-efficient LED lighting, upgraded heated water lines, a modern electric panel, and a brand-new roof installed in early 2023. Adding to its versatility, an attached warehouse provides ample space for storage or additional business operations, offering further leasing potential. The seller is offering an attractive incentive of two months of free rent for lease options. This move-in ready property is perfectly positioned for immediate occupancy and offers significant return on investment potential. The property is priced at $170,000.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Breckenridge
County
Stephens
State
Texas
Longitude
-98.9023
Latitude
32.7602

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,312
$5,200
$124,110
$129,310
-
$5,200
$124,110
$129,310
More about this property
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