400 Houston StMarshall, TX 75670

Property Details for 400 Houston St

Year built

1925

Lot size

0.16 AC

Property size (Sq ft)

528 SF

Property type

Office properties

APN

03000.00520.00000.000000

APU

9223372036854775807

Description

This exceptional commercial office building, located in the heart of downtown Marshall, Texas, presents a unique investment opportunity. The 14,656 square foot building sits on a 1.3-acre lot and offers 13 spacious and versatile offices, ideal for a variety of business needs. Five of these offices are corner suites, each boasting its own private bathroom and closet, providing ultimate privacy and convenience. The building's design prioritizes both functionality and aesthetics, with modern finishes and abundant natural light throughout. This creates a productive and inspiring work environment for employees. Three well-appointed conference rooms are available for meetings and presentations, catering to diverse business requirements. The property's central downtown location offers easy access to local amenities, enhancing its appeal and potential for success. This is a rare opportunity to acquire a substantial and well-maintained commercial property in a thriving Texas city. The building's size, layout, and prime location make it an attractive prospect for businesses seeking a prestigious and functional workspace. The ample parking available further enhances the property's desirability. This turnkey office building is ready for immediate occupancy, offering a seamless transition for any business.

• CAP approach

  CAP return

  Valuation

  6%

  $116,280

  6.5%

  $107,335

  7%

  $99,668

• Comparable approach

  Method

  Valuation

  Relative Method

  $77,226

  Geo Method

  $134,126

• Alternative Use

  Use

  Valuation

  Residential

  $133,095

  Hospitality

  $121,915

  Educational

  $101,432

  Medical

  $104,920

  Retail

  $157,783

Location Insight

City

Marshall

County

Harrison

State

Texas

Latitude

32.5447

Longitude

-94.3642

CBSA code

30980

CBSA name

LONGVIEW, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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