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    OFF-MARKET
    Commercial real estate

    8350 State Hwy 155, Frankston, TX 75763-4016

    5,500 SF 0.72 ac lot Built 1984
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US82-7316138
    Property summary
    AI-generated overview

    This exceptional 1,010 square-foot office space, located at 8350 N Hwy 155 #300 in Coffee City, Texas, presents a fantastic opportunity for businesses seeking a high-visibility location. Situated within a 5,500 square-foot, single-story building on a 0.72-acre lot, this Class B property boasts a prime location with over 18,000 cars passing daily and over 320 feet of frontage on Hwy 155. Recently renovated in 2021, the building features a fresh, rustic ranch aesthetic with updated signage and building fascia. This particular suite (#300) has undergone a complete renovation, including new walls, paint, flooring, light fixtures, and a suspended ceiling. The property is zoned commercial and offers ample parking with 30 spaces available. Built in 1985, this mixed-use building currently houses multiple tenants, including a tax preparation service and a pizza restaurant. The space is available for lease at $960 per month, plus a $172 NNN fee, totaling $1,132. The property also benefits from a scrolling billboard sign for added business promotion. This is a rare opportunity to secure a well-located, renovated office space in the limited Coffee City market. The property's APN is C000122739, located in Frankston County, TX, zip code 75763.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1984
    Total area 5,500 SF
    Lot 0.72 ac (31,320 SF)
    APN 0624-0020-0B20-10
    UPID US82-7316138
    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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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Jimmy Lon Snelson · 5 yrs held
    Jimmy Lon Snelson
    since 2020
    1 recorded transaction
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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