707 Grand AveMarshall, TX 75670

Property Details for 707 Grand Ave

Year built

1945

Lot size

0.15 AC

Property size (Sq ft)

2,184 SF

Property type

Retail space

APN

03830.00330.00000.000000

APU

9223372036854775807

Description

This exceptional commercial property, located at 707 E Grand Avenue in Marshall, Texas, presents a unique investment opportunity. The 2,184 square foot building sits on a 0.15-acre lot and is ideally situated in a thriving area of Marshall, known for its blend of historical charm and modern vibrancy. The property features two separate units, offering flexibility for a variety of business ventures. Its prime location on East Grand Avenue ensures high visibility and accessibility, placing it within easy reach of the bustling downtown area. This central location offers convenient access to a diverse range of amenities, including boutique shops, cafes, restaurants, theaters, and museums, creating a strong customer base and attractive environment. The property's proximity to major roads ensures excellent connectivity for both customers and employees. The "as is" condition of the building provides an opportunity for customization and renovation to perfectly suit a new owner's business needs. This is an excellent chance to establish or expand a business in a dynamic and desirable location within the heart of Marshall's commercial district. The asking price is $334,649.

• CAP approach

  CAP return

  Valuation

  6%

  $707,033

  6.5%

  $652,646

  7%

  $606,028

• Comparable approach

  Method

  Valuation

  Relative Method

  $804,977

  Geo Method

  $1,148,141

• Alternative Use

  Use

  Valuation

  Residential

  $550,531

  Hospitality

  $504,284

  Educational

  $419,558

  Medical

  $433,987

  Retail

  $652,646

Location Insight

City

Marshall

County

Harrison

State

Texas

Latitude

32.5487

Longitude

-94.3602

CBSA code

30980

CBSA name

LONGVIEW, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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