721 Main StGun Barrel City, TX 75156

For Lease
  • Commercial real estate
  • 7,400 SF

Property Details for 721 Main St

Year built
1993
Lot size
2.91 AC
Property size (Sq ft)
7,400 SF
Property type
Commercial real estate
APN
0483-0360-0A00-53
APU
048303600A0053

Description

This exceptional retail property, located at 721 W Main St in Gun Barrel City, Texas, presents a unique investment opportunity. The single-building complex, totaling 7,499 square feet, sits on 3 acres of land and boasts a prime location with excellent visibility. Recently renovated in 2024, the property offers four individual suites, ranging from a minimum of 1,435 square feet to a maximum contiguous space of 1,977 square feet, providing flexibility for various retail businesses. The building was originally constructed in 1993 and is zoned B-2, allowing for a wide range of commercial uses. The property's address is conveniently situated near the cross street of Luther Lane, ensuring high traffic flow and accessibility for customers. Located in Henderson County, Texas, with a zip code of 75156, this retail center benefits from a strong local market. Pre-leasing for Phase 1 is available starting February 2025, with tenant improvement allowances negotiable. This presents a rare chance to secure a well-maintained, strategically located retail space in a thriving community. The property's size and layout offer significant potential for growth and profitability. Don't miss this opportunity to establish your business in a vibrant and accessible location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,805,903
    Hospitality
    $1,654,198
    Educational
    $1,376,273
    Medical
    $1,423,605
    Retail
    $2,140,869
721 Main St, Gun Barrel City, Texas

Location Insight

City
Gun Barrel City
County
Henderson
State
Texas
Latitude
32.33
Longitude
-96.1244
CBSA code
11980
CBSA name
ATHENS, TX MICROPOLITAN STATISTICAL AREA

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
2022
-
$257,306
$374,034
$631,340
-
$257,306
$374,034
$631,340

FAQs

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