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3312 N University Dr 10,896 SF 100% Leased Office Building Nacogdoches, TX 75965 $1,189,999 ($109.21/SF)

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INVESTMENT HIGHLIGHTS

  • Owner Financing
  • Easy and Quick Process
  • No Credit OK

EXECUTIVE SUMMARY

For sale or lease. This prime commercial property offers a fantastic business opportunity in a high-traffic location. Recently vacant and available immediately, we offer a low down payment and easy owner financing. If a lease is preferable, we are offering a double net lease on either individual suites or the entire building. Formerly used as a medical office, this building has a flexible floor plan that will serve office, retail, service-based ventures, or whatever else is desired. Positioned just minutes from Stephen F. Austin University with its 11,000 students, this property enjoys excellent visibility on University Drive, one of the major roads in the area. Additionally, it is surrounded by key amenities such as University Park Plaza and the Post Office. It is well-suited for businesses looking to serve both the university community and the local population. The property's prime location and access to a vibrant community make it a highly attractive investment. This building was recently appraised in July with a valuation of 1.6M. This appraisal can be shown to interested parties.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
10,896 SF
Building Class
C
Year Built
2000
Price
$1,189,999
Price Per SF
$109.21
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
10,896 SF
Building FAR
0.15
Lot Size
1.67 AC
Zoning
F1 - Commercial
Parking
36 Spaces (3.3 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28612
Land Assessment
$339,560
Improvements Assessment
$1,255,320
Total Assessment
$1,594,880
  • Listing ID: 34084197

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 3312 N University Dr, Nacogdoches, TX 75965

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