13500 & 13600 E. State Highway 107
$1,250,000
13500 & 13600 E. State Highway 107 La Blanca, TX 78558
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About this listing
Incredible Investment Opportunity! Present your offer for this revenue-generating strip center. Listed with a stabilized cap rate of 9.4%, this property is situated in a prime retail location within a semi-rural area. Currently boasting a 90% occupancy rate and featuring lower annual property taxes, it accommodates a variety of business users such as hair salons, restaurants, nail salons, phone stores, and office spaces—ideal for personal business ventures or rentals with a substantial return on investment potential. Additionally, there is an opportunity to negotiate cross-access with neighboring commercial property and a convenience store.
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Building Size
11,241 sqft
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Lot Area
0.59 acres
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Year Built
1996
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MLS ID
418712
DESCRIPTION
- • Annual Tax: $ 4494.0
- • Flooring: Concrete
- • Cooling: Central A/C - Electric
- • Exterior Description: Stucco
- • Lot Size: 1/2 - 1 Acre
- • Road Type: State Road
