414 Royall BlvdMalakoff, TX 75148

Property Details for 414 Royall Blvd

Year built

2008

Lot size

0.67 AC

Property size (Sq ft)

9,000 SF

Property type

Commercial real estate

APN

3407-0755-67A0-61

APU

3407075567A061

Description

This exceptional 0.482-acre commercial lot presents a unique investment opportunity in the thriving city of Malakoff, Texas. Strategically located on a prime corner of the bustling TX-31 State Highway, this property offers unparalleled visibility and accessibility. The high traffic volume ensures a constant stream of potential customers, making it an ideal location for a diverse range of commercial enterprises. Its prominent position guarantees significant exposure, attracting attention from both local residents and commuters. The expansive lot provides ample space for development, allowing for the construction of a substantial building tailored to specific business needs. Whether you envision a retail establishment, a professional office space, or a mixed-use development, this property offers the potential for substantial returns. The location's accessibility and visibility make it an attractive proposition for businesses seeking to establish a strong presence in a growing market. This is a rare opportunity to acquire a highly visible and strategically located commercial lot in a dynamic Texas community. The property is ready for immediate development, offering a blank canvas for your vision. Don't miss this chance to secure a prime piece of commercial real estate in Malakoff, TX. The property's size and location make it a truly exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,174,620

  6.5%

  $2,007,340

  7%

  $1,863,960

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,274,370

  Geo Method

  $2,694,510

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,995,750

  Retail / Commercial

  $2,040,430

  Mixed-Use / Specialty

  $2,026,410

  Hospitality / Lodging

  $1,477,930

  Office

  $2,007,340

  Institutional / Educational

  $2,104,240

  Residential Income

  $2,461,960

  Multifamily

  $2,990,150

  Automotive / Energy

  $1,803,630

  Parking / Income-Based Land

  $629,079

  Restaurant / Food Service

  $1,039,550

  Healthcare / Senior Housing

  $2,084,970

Location Insight

City

Malakoff

County

Henderson

State

Texas

Latitude

32.1708

Longitude

-96.0191

CBSA code

11980

CBSA name

ATHENS, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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