104 Paris StMexia, TX 76667

  • Other commercial real estate
  • 39,005 SF
For Sale
$250,000 View listing

Property Details for 104 Paris St

Property size (Sq ft)
39,005 SF
Property type
Other commercial real estate
APN
R18394
APU
R18394

Description

This exceptional commercial property, located at 104 N Paris Street in the heart of Mexia, Texas, presents a unique investment opportunity. The expansive building offers a substantial 23,285 square feet of interior space, perfectly suited for a variety of uses. Its strategic downtown location ensures high visibility and accessibility, benefiting from significant foot and vehicular traffic. The property also includes a sizable 15,300 square foot parking lot, providing ample space for customers and employees. The building's prime location is further enhanced by its proximity to residential neighborhoods, ensuring a consistent flow of potential customers. A recent structural engineers report, commissioned by the Mexia Economic Development Corporation (EDC), is available. The high traffic count of over 57,000 vehicles daily on the highway passing through Mexia underscores the property's exceptional potential. The building's previous occupants include Safeway and H-E-B, demonstrating its suitability for large-scale retail or commercial ventures. The 1.15-acre lot offers flexibility for expansion or outdoor amenities. The property is priced at $250,000, representing a significant value for its size, location, and potential. This is an ideal opportunity for an entrepreneur seeking a high-impact commercial space in a thriving community. The building's size and location make it suitable for a wide range of uses, including but not limited to entertainment venues, restaurants, or retail establishments.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $23,738,466
    Hospitality
    $21,744,308
    Educational
    $18,091,008
    Medical
    $18,713,186
    Retail
    $28,141,570

Location Insight

City
Mexia
County
Limestone
State
Texas

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
0
-
$37,200
$121,910
$159,110
-
$37,200
$121,910
$159,110

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