2427 Main StBelton, TX 76513

  • Commercial real estate
  • 8,080 SF
For Lease
$16.20/SF/YR View listing

Property Details for 2427 Main St

Year built
1981
Lot size
1.56 AC
Property size (Sq ft)
8,080 SF
Property type
Commercial real estate
APN
43925
APU
43925

Description

Grothway Square presents a unique investment opportunity in Belton's thriving retail core. This property encompasses 16,160 square feet across two single-story buildings situated on a 1.561-acre lot. The zoning is General Retail, allowing for diverse commercial uses. The property's excellent location ensures high visibility and traffic, benefiting from its proximity to major national retailers. Neighboring businesses include prominent names such as HEB, Walmart, AT&T Mobile, Little Caesars Pizza, and Taco Bell, creating a strong synergy and established customer base. The multi-tenant configuration offers flexibility for various business models, making it ideal for investors seeking a diversified portfolio or entrepreneurs looking for established retail space. The property's substantial size and prime location within Belton's retail hub provide significant potential for growth and return on investment. The buildings offer a combined 16,160 square feet of space, providing ample room for multiple tenants or a single large-scale operation. This property is an exceptional opportunity to capitalize on the robust commercial activity in Belton's central retail area. The 1.561 acres of land offer potential for future expansion or development, further enhancing the long-term value of this investment. This property is zoned for General Retail, providing flexibility for a wide range of commercial uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,016,751
    Hospitality
    $1,847,333
    Educational
    $1,536,960
    Medical
    $1,589,818
    Retail
    $2,390,826

Location Insight

City
Belton
County
Bell
State
Texas
Latitude
31.0796
Longitude
-97.4568
CBSA code
28660
CBSA name
KILLEEN-TEMPLE-FORT HOOD, TX METROPOLITAN 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
$26,268
$216,911
$1,143,589
$1,360,500
-
$216,911
$1,143,589
$1,360,500

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