132 Mckinney StFarmersville, TX 75442

  • Commercial real estate
  • 4,960 SF
For Sale
$597,000 View listing

Property Details for 132 Mckinney St

Year built
1930
Lot size
0.07 AC
Property size (Sq ft)
4,960 SF
Zone code
CBD
Property type
Commercial real estate
APN
R-1045-002-0010-1
APU
R104500200101

Description

This exceptional 4,960 square foot commercial property, situated on a 0.06-acre lot at 132 McKinney Street in historic downtown Farmersville, Texas, presents a unique opportunity for a variety of businesses. The ground floor offers a large, adaptable storefront space, previously used as an auto supply store, perfect for retail operations. This level also includes a dedicated office for management and a private employee restroom. Accessed via a separate entrance, the second floor provides a professional atmosphere with a welcoming reception area and three generously sized office suites. Each suite features additional connected office spaces, high ceilings that maximize natural light, and ceiling fans for climate control. The building is equipped with central heating and air conditioning, individual electric meters for efficient utility management, and two shared restrooms for convenient access. This fully functional space is ideally suited for businesses requiring both retail and office components. Its prime corner location in a thriving downtown area ensures high visibility and accessibility, attracting both foot traffic and clientele. The property's versatility and location make it an attractive investment for businesses seeking a prominent presence in a growing Texas community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,250,291
    Hospitality
    $1,145,260
    Educational
    $952,842
    Medical
    $985,612
    Retail
    $1,482,199
132 Mckinney St, Farmersville, Texas

Location Insight

City
Farmersville
County
Collin
State
Texas
Latitude
33.1635
Longitude
-96.361
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
$8,715
$36,322
$413,678
$450,000
-
$36,322
$413,678
$450,000

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