Property profile

716 Main St Midlothian, TX 76065

OFF-MARKET
Commercial real estate
Property ID
US82-2583346
3,876 SF 0.21 ac lot Built 1940
Individually Owned 21-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,850 square foot office building presents a rare opportunity for ownership in the thriving Midlothian, TX market. Situated on a 0.21-acre lot at 716 W Main Street, this meticulously constructed property offers a tranquil and professional atmosphere, perfectly suited for medical, wellness, or beauty businesses. The building's design prioritizes both individual office space and inviting common areas, providing a high-quality environment for clients and staff. The strategic location within Midlothian ensures excellent visibility and accessibility. This turnkey property allows for complete utilization of the space or the flexibility to sublease a portion, maximizing investment potential. The asking price is $1,250,000. This is an unparalleled chance to acquire a well-established and highly desirable commercial property in a rapidly growing area. The building's modern design and prime location combine to create an exceptional opportunity for a discerning buyer seeking a profitable and prestigious business address. The ample space and versatile layout cater to a wide range of professional uses, offering significant potential for growth and return on investment. Don't miss this chance to own a piece of Midlothian's vibrant commercial landscape. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Total area 3,876 SF
Lot 0.21 ac (9,191 SF)
APN 54.2001.052.004.01.108
UPID US82-2583346

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
  • Medical Clinic
  • Church Mosque

Location

716 Main St Midlothian, TX 76065-2940
Midlothian metro Census 60803 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2005
2 recorded transactions
2005
Price N/A
1969
Price N/A

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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