106 Cedar StHearne, TX 77859

Property Details for 106 Cedar St

Year built

2008

Lot size

2.09 AC

Property size (Sq ft)

5,600 SF

Property type

Commercial real estate

APN

000031-006295

APU

31006295

Description

This exceptional investment opportunity presents a vacant, single-story, 5,600-square-foot building situated on a 2.09-acre lot in Hearne, Texas. Formerly a DaVita Dialysis center, the property boasts high-quality masonry and frame construction, a TPO roof, and a concrete parking lot. The building itself occupies approximately 0.8 acres, leaving roughly 1.3 acres of additional land available for development, offering significant expansion potential. Conveniently located at 106 Cedar Street, the property features two curb cuts on this main thoroughfare, ensuring excellent visibility and accessibility. Built in 2008, the building includes a covered ambulance/patient drop-off area, and is ADA compliant. The property is offered fee simple, vacant, and ready for immediate owner-user occupancy or redevelopment. The asking price is $900,000, translating to $160.71 per square foot. This prime location between College Station and Waco presents a unique chance to acquire a substantial property with considerable upside. The property's APN is 000031-006295. The building features a monument sign.

• CAP approach

  CAP return

  Valuation

  6%

  $1,416,180

  6.5%

  $1,307,250

  7%

  $1,213,870

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,551,670

  Geo Method

  $1,676,580

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,599,970

  Retail / Commercial

  $1,328,100

  Mixed-Use / Specialty

  $1,319,310

  Hospitality / Lodging

  $962,652

  Office

  $1,307,250

  Institutional / Educational

  $1,370,100

  Residential Income

  $1,603,020

  Multifamily

  $1,945,070

  Automotive / Energy

  $1,174,370

  Parking / Income-Based Land

  $409,270

  Restaurant / Food Service

  $677,523

  Healthcare / Senior Housing

  $1,357,090

Location Insight

City

Hearne

County

Robertson

State

Texas

Latitude

30.8807

Longitude

-96.598

CBSA code

17780

CBSA name

COLLEGE STATION-BRYAN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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