$629,000
For Sale

1335 Milam Street

Mexia, TX 76667
Type:Purchase
Structure:Land
Zone:Residential

Description

COMMERCIAL SITE ON HIGHWAY 84 NEAR WALMART IN MEXIA. This approximate 1.9+or- acre site currently has 6 different Tenant buildings, a huge common parking lot and more unimproved fenced acreage behind the buildings. With about approximately 319' of Highway 84 frontage, this is the perfect location for new construction of a Hotel, Office Center, Strip Mall or pad sites for Chain Restaurants. Highway 84 will partially be expanded by TxDOT in the near future creating 4 lanes running East and West and a turn lane in the center creating better traffic flow upon completion. As you see from the aerial photos, the property lies in the center of national chains such as Wal Mart, AT&T, Aaron's Rent To Own, Auto Zone, Cato, Cash Express, Best Western, Hibbets, Woodson's, etc. The Property is currently all electric but there are existing gas lines and meters onsite. Additionally, Chic A Doodles Clothing Resale Business with merchandise and fixtures is negotiable with the Owner.

  • Property Details
      • Lot DescriptionAcreage, Cleared, Few Trees, Interior Lot, Irregular Lot, Level
      • Utility FeaturesCity Sewer, City Water, Electricity Connected
      • Property SubtypeUnimproved Land
      • Exterior MaterialsStorage, Other
      • SubdivisionCapps Add
      • School DistrictMexia ISD
      • CountyLimestone
      • Property TypePurchase
      • MLS #20457145
      • MLS #20457145
      • Acres1.9000
      • Cost629000
      • Elementary SchoolMcbay
      • Year Built1970

Location

TruHome Real EstateReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00