Property summary
This meticulously maintained, 3,784 square foot freestanding building in Fairfield, Freestone County, presents a unique lease opportunity. Currently configured as an event center, it boasts a large reception area, multiple offices, and a stunning auditorium with seating for approximately 120 people. The property sits on a 1.59-acre lot, providing significant space and potential for expansion. A substantial parking lot accommodates 50+ vehicles. Additional features include a 388 x 120 square foot greenbelt area ideal for outdoor events, ADA-compliant bathrooms, a detached brick storage building, an irrigation system, and a covered awning at the entrance. The versatile layout makes it suitable for a variety of uses, including churches, commercial businesses, medical facilities, or funeral homes. Located within city limits, this single-tenant property offers a blend of functionality and aesthetic appeal. The building's excellent condition reflects the current owner's commitment to upkeep. This is a rare opportunity to acquire a well-maintained, versatile property with ample space and parking in a desirable location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
AA2 · Fairfield, TXZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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