104 Paris StMexia, TX 76667
- Other commercial real estate
- 39,005 SF
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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