300 Main StMcGregor, TX 76657

  • Commercial real estate
  • 14,400 SF
For Sale
$400,000 View listing

Property Details for 300 Main St

Year built
1912
Construction
WOOD
Lot size
0.16 AC
Property size (Sq ft)
14,400 SF
Zone code
C
Property type
Commercial real estate
APN
341340000333003
APU
341340000333003

Description

This exceptional commercial property, located at 300 S Main St, McGregor, TX 76657, presents a unique investment opportunity. The single-tenant office building boasts a substantial 14,440 square feet of space, ideal for a variety of commercial uses. Situated on a prominent corner lot (0.17 acres) in McGregor's General Commercial District, this property benefits from high visibility and accessibility. The zoning allows for a diverse range of businesses, including office, service commercial, retail commercial, and highway commercial uses, ensuring flexibility for future tenants or owners. The building's strategic location ensures convenient access to major traffic arteries, maximizing exposure and attracting a wide customer base. This property is perfect for an owner-occupier seeking a large, well-located office space or an investor looking for a strong return on investment in a thriving commercial area. The single-tenant occupancy simplifies management and provides a stable income stream. The property's size and location make it an attractive option for businesses seeking a significant presence in the McGregor market. This is a rare opportunity to acquire a substantial commercial property in a desirable location with excellent growth potential. The property's prime location and versatile zoning make it a highly sought-after asset.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,594,210
    Hospitality
    $3,292,277
    Educational
    $2,739,136
    Medical
    $2,833,339
    Retail
    $4,260,878

Location Insight

City
Mcgregor
County
Mclennan
State
Texas
Latitude
31.4396
Longitude
-97.4058
CBSA code
47380
CBSA name
WACO, 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
2022
$6,100
$28,980
$296,020
$325,000
-
$28,980
$296,020
$325,000

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