8350 State HwyCoffee City, TX 75763

Property Details for 8350 State Hwy

Year built

1984

Lot size

0.72 AC

Property size (Sq ft)

5,500 SF

Property type

Commercial real estate

APN

0624-0020-0B20-10

APU

062400200B2010

Description

This exceptional 1,010 square-foot office space, located at 8350 N Hwy 155 #300 in Coffee City, Texas, presents a fantastic opportunity for businesses seeking a high-visibility location. Situated within a 5,500 square-foot, single-story building on a 0.72-acre lot, this Class B property boasts a prime location with over 18,000 cars passing daily and over 320 feet of frontage on Hwy 155. Recently renovated in 2021, the building features a fresh, rustic ranch aesthetic with updated signage and building fascia. This particular suite (#300) has undergone a complete renovation, including new walls, paint, flooring, light fixtures, and a suspended ceiling. The property is zoned commercial and offers ample parking with 30 spaces available. Built in 1985, this mixed-use building currently houses multiple tenants, including a tax preparation service and a pizza restaurant. The space is available for lease at $960 per month, plus a $172 NNN fee, totaling $1,132. The property also benefits from a scrolling billboard sign for added business promotion. This is a rare opportunity to secure a well-located, renovated office space in the limited Coffee City market. The property's APN is C000122739, located in Frankston County, TX, zip code 75763.

• CAP approach

  CAP return

  Valuation

  6%

  $1,372,750

  6.5%

  $1,267,150

  7%

  $1,176,640

• Comparable approach

  Method

  Valuation

  Relative Method

  $804,438

  Geo Method

  $1,646,640

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,522,310

  Retail / Commercial

  $1,288,030

  Mixed-Use / Specialty

  $1,279,180

  Hospitality / Lodging

  $932,954

  Office

  $1,267,150

  Institutional / Educational

  $1,328,310

  Residential Income

  $1,554,130

  Multifamily

  $1,887,530

  Automotive / Energy

  $1,138,550

  Parking / Income-Based Land

  $397,105

  Restaurant / Food Service

  $656,230

  Healthcare / Senior Housing

  $1,316,140

Location Insight

City

Frankston

County

Henderson

State

Texas

Latitude

32.1336

Longitude

-95.4829

CBSA code

11980

CBSA name

ATHENS, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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