202 Clinton StDublin, TX 76446

  • Commercial real estate
  • 9,276 SF
For Sale
$600,000 View listing

Property Details for 202 Clinton St

Year built
1960
Lot size
0.95 AC
Property size (Sq ft)
9,276 SF
Property type
Commercial real estate
APN
R000035708
APU
R000035708

Description

This exceptional 9,276 square foot commercial property, situated on nearly one acre in the heart of Dublin, Texas, presents an unparalleled investment opportunity. Completely refurbished, this multi-use building offers a unique blend of spaces ideal for a variety of businesses. The layout features three distinct wings: a wing perfectly suited for office rentals, a spacious wing ideal for events or dances, and a west-facing wing suitable for meetings or other uses. A central area, perfect for a reception or main office, connects these wings, facilitating efficient customer flow. The property boasts seven bathrooms and three kitchens, strategically located throughout the building for convenience. Ample parking is available, including a dedicated row of covered parking spaces. An added benefit is the inclusion of an outdoor well. This property's size, location, and versatile design make it an exceptional value in the Dublin commercial real estate market. The previous use as a senior citizens home speaks to its long-standing presence and community significance. This is a rare chance to acquire a substantial, renovated commercial building ready for immediate occupancy and poised for significant return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,896,220
    6.5%
    $2,673,440
    7%
    $2,482,480
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,673,090
    Geo Method
    $2,777,140
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $5,283,740
    Retail / Commercial
    $2,705,490
    Mixed-Use / Specialty
    $2,692,710
    Hospitality / Lodging
    $1,971,460
    Office
    $2,673,440
    Institutional / Educational
    $2,798,210
    Residential Income
    $3,273,900
    Multifamily
    $3,943,950
    Automotive / Energy
    $2,398,460
    Parking / Income-Based Land
    $830,783
    Restaurant / Food Service
    $1,393,790
    Healthcare / Senior Housing
    $2,764,540

Location Insight

City
Dublin
County
Erath
State
Texas
Latitude
32.0962
Longitude
-98.3372
CBSA code
44500
CBSA name
STEPHENVILLE, TX MICROPOLITAN STATISTICAL AREA

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
$2,880
$41,380
$97,440
$138,820
-
$41,380
$97,440
$138,820

FAQs

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