419 Moore AveTerrell, TX 75160

  • Commercial real estate
  • 4,699 SF
For Sale
$659,000 View listing

Property Details for 419 Moore Ave

Year built
1982
Lot size
0.36 AC
Property size (Sq ft)
4,699 SF
Property type
Commercial real estate
APN
00.3710.0075.0004.00.06.06
APU
371000750004000606

Description

This exceptional 4,699 sq ft commercial building sits on a 0.56-acre lot in Terrell, TX's vibrant downtown, located on a major US Highway. Previously a restaurant, this building offers ample space and a secondary parking lot with over 35 spaces located at 403 E Moore Avenue, complementing the building's location at 419 E Moore Avenue. Its history as a Texas Midland Freight Depot (1927-1958) adds unique character. The property benefits from over $4 million in recent downtown improvements, including sidewalks, landscaping, parking, and lighting. Terrell is experiencing rapid growth, making this a prime investment opportunity within an Opportunity Zone. The city's commitment to downtown revitalization, spearheaded by the Parks and Downtown Improvement Corporation (PADIC), ensures a thriving and attractive business environment. This location offers high visibility and accessibility, ideal for a variety of commercial uses. The building's size and parking capacity provide significant potential for a range of businesses seeking a prominent presence in a rapidly developing Texas city. This property presents a rare chance to own a piece of Terrell's rich history and participate in its exciting future.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,184,499
    Hospitality
    $1,084,995
    Educational
    $902,703
    Medical
    $933,748
    Retail
    $1,404,205

Location Insight

City
Terrell
County
Kaufman
State
Texas
Latitude
32.7362
Longitude
-96.2732
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN 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
2023
$8,691
$111,111
$256,664
$367,775
-
$111,111
$256,664
$367,775

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].