5040 Loop 340Robinson, TX 76706

For Sale
$1,750,000 View listing
  • Commercial real estate
  • 5,760 SF

Property Details for 5040 Loop 340

Year built
1991
Construction
STEEL FRAME
Lot size
1.11 AC
Property size (Sq ft)
5,760 SF
Zone code
O1
Property type
Commercial real estate
APN
480317030535036
APU
480317030535036

Description

This exceptional mixed-use property, located at 5040 S Loop 340 in Robinson, Texas, presents a unique investment opportunity. Boasting a total of 10,741 square feet on a 1.11-acre lot, this building is zoned C-2, offering considerable flexibility for a variety of commercial uses. The property's history includes operation as an indoor shooting range, with approximately 5,141 square feet dedicated to shooting lanes. In addition, there is approximately 5,600 square feet of office/showroom space. Significant renovations were completed in 2022, enhancing the property's overall condition and appeal. The strategic location on S Loop 340, with proximity to I-35, ensures high visibility and convenient access for customers and employees. The property also includes a sizable yard area behind the building, providing ample space for potential expansion or outdoor activities. This versatile property is ideal for an investor seeking a strong return in a thriving Texas market. The asking price is $1,750,000. The property's zoning and size make it suitable for a wide range of commercial ventures, capitalizing on its excellent location and recent renovations. This is a rare opportunity to acquire a well-maintained, mixed-use property with significant potential for growth.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,437,684
    Hospitality
    $1,316,911
    Educational
    $1,095,654
    Medical
    $1,133,336
    Retail
    $1,704,351
5040 Loop 340, Robinson, Texas

Location Insight

City
Robinson
County
Mclennan
State
Texas
Latitude
31.4901
Longitude
-97.1407
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
$19,643
$121,210
$896,940
$1,018,150
-
$121,210
$896,940
$1,018,150

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