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Edgewood Commercial Building 15996 Highway 80 3,600 SF 1% Leased Retail Building Edgewood, TX 75117 $675,000 ($187.50/SF)
Investment Highlights
- High Traffic Road
- Multi-use Property
- Drive through on two sides in 2 of 3 units.
Executive Summary
Positioned on Hwy 80 in the heart of Edgewood, directly across from Edgewood ISD. This property offers a prime opportunity for commercial services with outstanding visibility and accessibility. 3600 SF building ideal for investor or business owners seeking a highly trafficked location within a great East Texas town. Property provides immediate rental income as 2 of 3 units are currently leased. Possibility to convert to four 900 sq ft units. Ideal for a variety of uses and great potential for long-term value and business success.
Property Facts
Sale Type
Investment
Property Type
Building Size
3,600 SF
Building Class
C
Year Built
2023
Price
$675,000
Price Per SF
$187.50
Percent Leased
1%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.43 AC
Zoning
No Zoning - Outside City Limits
Parking
13 Spaces (3.61 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | R000011619 | Improvements Assessment | $339,930 |
| Land Assessment | $66,310 | Total Assessment | $406,240 |
Property Taxes
Parcel Number
R000011619
Land Assessment
$66,310
Improvements Assessment
$339,930
Total Assessment
$406,240
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Edgewood Commercial Building | 15996 Highway 80
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