301 Business Hwy 78Blue Ridge, TX 75424

  • Commercial real estate
  • 2,008 SF
Off market
$2,504,700 Estimated

Property Details for 301 Business Hwy 78

Year built
1992
Lot size
0.25 AC
Property size (Sq ft)
2,008 SF
Property type
Commercial real estate
APN
R-1022-000-0860-1
APU
R102200008601

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $501,177
    6.5%
    $462,625
    7%
    $429,580
  • Comparable approach

    Method
    Valuation
    Relative Method
    $293,693
    Geo Method
    $241,603
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $920,873
    Retail / Commercial
    $470,248
    Mixed-Use / Specialty
    $467,018
    Hospitality / Lodging
    $340,613
    Office
    $462,625
    Institutional / Educational
    $484,955
    Residential Income
    $567,397
    Multifamily
    $689,118
    Automotive / Energy
    $415,676
    Parking / Income-Based Land
    $144,979
    Restaurant / Food Service
    $239,584
    Healthcare / Senior Housing
    $480,511

Location Insight

City
Blue Ridge
County
Collin
State
Texas
Latitude
33.2969
Longitude
-96.4004
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
2022
$3,746
$24,503
$156,055
$180,558
-
$24,503
$156,055
$180,558

FAQs

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