116 Marshall StHenderson, TX 75652

  • Commercial real estate
  • 15,781 SF
For Sale
$89,000 View listing

Property Details for 116 Marshall St

Lot size
0.23 AC
Property size (Sq ft)
15,781 SF
Property type
Commercial real estate
APN
24549
APU
24549

Description

This exceptional 0.42-acre commercial property, located at 116 N Marshall in the heart of downtown Henderson, Texas, presents a remarkable investment opportunity. The property encompasses a substantial 8,607 square feet of land, offering significant potential for redevelopment or repurposing. Its central location within Henderson's historic downtown district provides unparalleled visibility and accessibility. The property's current zoning allows for a variety of uses, making it ideal for developers seeking to create a mixed-use space, investors looking for a high-return project, or business owners aiming to establish a prominent presence in the community. The asking price is $89,000. This unique property is situated in Rusk County, Texas, with the address 116 N Marshall, Henderson, TX 75652. Its prime location and substantial size make it an attractive proposition for those with a vision for revitalizing a piece of Henderson's history and contributing to the ongoing growth of the downtown area. The property's versatility and central location offer a rare opportunity to create something truly special. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,977,991
    Hospitality
    $3,643,819
    Educational
    $3,031,614
    Medical
    $3,135,876
    Retail
    $4,715,844
116 Marshall St, Henderson, Texas

Location Insight

City
Henderson
County
Rusk
State
Texas
Latitude
32.154
Longitude
-94.7978
CBSA code
30980
CBSA name
LONGVIEW, 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
$2,944
$35,750
-
$35,750
-
$35,750
-
$35,750

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