511 Walker StBreckenridge, TX 76424

  • Commercial real estate
  • 2,640 SF

Property Details for 511 Walker St

Year built
1980
Lot size
0.34 AC
Property size (Sq ft)
2,640 SF
Property type
Commercial real estate
APN
R000013443
APU
R000013443

Description

This exceptional 0.34-acre commercial land parcel presents a rare opportunity in Breckenridge, Texas. Strategically located on the hard corner of West Walker Street and US Highway 180, this property boasts unparalleled visibility and accessibility. Its prime position along US 180, the area's major retail corridor, ensures high traffic volume and significant exposure for any commercial development. The lot offers full flow access via both Smith Street and US 180, providing convenient ingress and egress for customers and employees. Situated in Stephens County, with the address 511 W Walker St, Breckenridge, TX 76424 (latitude 32.7552302, longitude -98.9085279), this property is ideally suited for a variety of commercial uses, from retail establishments and restaurants to office buildings and other commercial ventures. The corner location maximizes visibility and provides ample space for signage and landscaping. This is a truly exceptional opportunity to acquire a high-traffic, highly visible commercial lot in a thriving Texas community. Don't miss this chance to secure a prime location for your next business venture. The property is classified as commercial land.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $726,997
    6.5%
    $671,074
    7%
    $623,140
  • Comparable approach

    Method
    Valuation
    Relative Method
    $407,977
    Geo Method
    $790,390
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,307,490
    Retail / Commercial
    $673,156
    Mixed-Use / Specialty
    $672,870
    Hospitality / Lodging
    $496,415
    Office
    $671,074
    Institutional / Educational
    $700,269
    Residential Income
    $819,314
    Multifamily
    $970,922
    Automotive / Energy
    $600,230
    Parking / Income-Based Land
    $205,044
    Restaurant / Food Service
    $354,476
    Healthcare / Senior Housing
    $687,847

Location Insight

City
Breckenridge
County
Stephens
State
Texas
Latitude
32.7551
Longitude
-98.9084

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
$2,582
$26,250
$70,020
$96,270
-
$26,250
$70,020
$96,270

FAQs

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