513 3Rd StLexington, TX 78947
- Other commercial real estate
- 696 SF
Property Details for 513 3Rd St
- Lot size
- 0.09 AC
- Property size (Sq ft)
- 696 SF
- Property type
- Other commercial real estate
- APN
- 20374
- APU
- 20374
Description
This exceptional investment opportunity presents a 696-square-foot free-standing office building situated in the heart of Lexington, Texas. The property boasts a convenient downtown location, offering excellent visibility and accessibility. The building's open floor plan provides maximum flexibility for a variety of uses, making it ideal for a small business, professional office, or even a creative workspace. The 0.09-acre lot provides ample space for parking or future expansion. The asking price of $120,000 represents a compelling value for a property of this type in a desirable location. This is a rare chance to acquire a well-positioned commercial property in a thriving Texas town. The building's straightforward design and open layout minimize upfront renovation costs, allowing for immediate occupancy and potential for rapid return on investment. Its central location within Lexington offers easy access to local amenities, businesses, and transportation routes. This property is perfect for owner-occupants seeking a cost-effective space or investors looking for a strong addition to their portfolio. Don't miss this chance to own a piece of downtown Lexington. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $215,682
- Hospitality
- $197,564
- Educational
- $164,371
- Medical
- $170,024
- Retail
- $255,688
Location Insight
- City
- Lexington
- County
- Lee
- State
- Texas
- Latitude
- 30.4141
- Longitude
- -97.0094
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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