2004 57Th StTemple, TX 76504

Property Details for 2004 57Th St

Year built

1976

Lot size

0.34 AC

Property size (Sq ft)

2,701 SF

Zone code

PD

Property type

Commercial real estate

APN

3276

APU

3276

Description

This single-story, 2,616 square foot Class B office building in Temple, Texas, presents a compelling investment opportunity. Located at 2004 S 57th St, this property boasts a 100% occupancy rate, generating a pro-forma NOI of $28,465 and a 9.00% pro-forma cap rate. Built in 1976, the building sits on a 0.337-acre lot (APN 3276) and is zoned for General Retail - Planned Development. The asking price is $316,274. Key features include convenient access to IH-35 and HK Dodgen Loop, a new roof to be installed before closing, and a prime location near various retailers such as Lufburrow Dentistry, Central Texas Beauty College, and several restaurants. This property offers strong cash flow and significant upside potential in a thriving retail corridor. The building comprises one structure with a single story.

• Alternative Use

  Use

  Valuation

  Residential

  $674,164

  Hospitality

  $617,530

  Educational

  $513,778

  Medical

  $531,448

  Retail

  $799,210

Location Insight

City

Temple

County

Bell

State

Texas

Latitude

31.0854

Longitude

-97.3799

CBSA code

28660

CBSA name

KILLEEN-TEMPLE-FORT HOOD, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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