518 Breckenridge AveBreckenridge, TX 76424

  • Commercial real estate
  • 5,576 SF
For Sale
$170,000 View listing

Property Details for 518 Breckenridge Ave

Lot size
0.30 AC
Property size (Sq ft)
5,576 SF
Property type
Commercial real estate
APN
R000010241
APU
R000010241

Description

This exceptional 2,958 square foot commercial building in Breckenridge, Texas, presents a unique investment opportunity. Situated on a 0.29-acre lot along a major highway, this property boasts high visibility and convenient access. The building features two distinct entrances, each leading to separate office spaces. One entrance opens to a reception area and five individual offices, ideal for a professional practice or small business. The second entrance accesses a large, versatile room with a fireplace and restroom, offering potential for conversion into residential space or a unique office layout. A shared break room, kitchenette, and gender-neutral restrooms add convenience. Recent renovations include fresh paint, new sheetrock, updated flooring, energy-efficient LED lighting, upgraded heated water lines, a modern electric panel, and a brand-new roof installed in early 2023. Adding to its versatility, an attached warehouse provides ample space for storage or additional business operations, offering further leasing potential. The seller is offering an attractive incentive of two months of free rent for lease options. This move-in ready property is perfectly positioned for immediate occupancy and offers significant return on investment potential. The property is priced at $170,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,550,757
    Hospitality
    $1,420,485
    Educational
    $1,181,827
    Medical
    $1,222,472
    Retail
    $1,838,397

Location Insight

City
Breckenridge
County
Stephens
State
Texas
Latitude
32.7602
Longitude
-98.9023

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
2023
$2,312
$5,200
$124,110
$129,310
-
$5,200
$124,110
$129,310

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