2004 57Th StTemple, TX 76504

For Sale
$316,274
1-Story Office, 100% Occupied, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
126
This single-story, 2,616 square foot Class B office building in Temple, Texas, presents a compelling investment opportunity. Located at 2004 S 57th St, this property boasts a 100% occupancy rate, generating a pro-forma NOI of $28,465 and a 9.00% pro-forma cap rate. Built in 1976, the building sits on a 0.337-acre lot (APN 3276) and is zoned for General Retail - Planned Development. The asking price is $316,274. Key features include convenient access to IH-35 and HK Dodgen Loop, a new roof to be installed before closing, and a prime location near various retailers such as Lufburrow Dentistry, Central Texas Beauty College, and several restaurants. This property offers strong cash flow and significant upside potential in a thriving retail corridor. The building comprises one structure with a single story.

Highlights

  • 100% Occupancy.
  • New roof to be installed before closing.
  • Excellent access to Loop 363 and IH-35.
  • Highly desirable location.

Property Details for 2004 57Th St

Property type
Office properties
Square Feet
2,616 SF
Class
B
Year Built
1976
Buildings
1
Stories
1
Lot Size (sq. ft)
14,680 SF

Location Insight

City
Temple
County
Bell
State
Texas
Latitude
31.085117525377
Longitude
-97.380167682616
2004 57Th St, Temple, Texas

FAQs

What type of property is this?
Office property - 1-Story Office, 100% Occupied, High ROI
Where is the office property located?
The property is located at 2004 57Th St Temple, TX.
What is the asking price?
The asking price for this property is $316,274.
What are key features of this property?
This property features: 100% Occupancy.; New roof to be installed before closing.; Excellent access to Loop 363 and IH-35.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2004 57Th St
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