2327 S 57th St
Temple, TX 76504
Legends Plaza · Retail Property For Sale
Property Facts
About 2327 S 57TH ST , TEMPLE, TX 76504
MOTIVATED SELLER, RECENT PRICE REDUCTION! Marcus & Millichap is pleased to offer Legends Plaza, located in Temple, Texas. This offering is 100% occupied by three well seasoned local operator/tenants with very very good rent history. The property is located at a major intersection just off Loop HK Dodgen in close proximity to Baylor Scott and White medical district, Temple Mall, Temple Towne Center, and The District-one of Temples newest retail and multi family developments. Legend Plaza has direct access to Baylor Scott and White and The District on Scott Boulevard directly behind the center. This property is historically easy to manage with little CAM and a new roof installed in 2018. Offered at $3,165,000 this provides an investor a 11.78% cash on cash return. Temple Texas is located on I-35, in the I-35 corridor. It is 60 miles north of Austin, Tx. and 120 miles south of Dallas, Tx. It currently has a projected 82,517 pop. according to the Temple Economic Development Corp. website. It is a high growth market and has experienced a 17% population increase over the last 10 years. Bell county pop., in which Temple is located is projected to double in size by 2050.
Property Taxes
| Parcel Number | 102604 | Improvements Assessment | $1,547,031 |
| Land Assessment | $132,945 | Total Assessment | $1,679,976 |
Property Taxes
