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310 Highway 290 #A & D Highway W #A & D Highway 290 2,924 SF 100% Leased Office Building Elgin, TX 78621 $1,500,000 ($513.00/SF)
Investment Highlights
- 2 legal lots with .92 acres total and approximately 252 feet Highway 290 Frontage
- Zoned C3 Highway Commercial
- Seller would consider owner financing on part of property and would need a lease back
- 1/4 mile to strip center with Poco Loco and 1/2 mile to HEB
- Buildings currently generate approximately $4625 income per month
- Water meter and electricity on each tract
Executive Summary
2 legal lots with .92 acres total and approximately 252 feet Highway 290 Frontage
1/4 mile to strip center with Poco Loco and 1/2 mile to HEB
Buildings currently generate approximately $4625 income per month
Seller would consider owner financing on part of property and would need a lease back
Water meter and electricity on each tract
1/4 mile to strip center with Poco Loco and 1/2 mile to HEB
Buildings currently generate approximately $4625 income per month
Seller would consider owner financing on part of property and would need a lease back
Water meter and electricity on each tract
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,924 SF
Building Class
C
Year Built/Renovated
1970/2022
Price
$1,500,000
Price Per SF
$513.00
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,924 SF
Building FAR
0.07
Lot Size
0.92 AC
Opportunity Zone
Yes
Zoning
C3 - C3 Highway Commercial
Parking
20 Spaces (6.84 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $217,935 | |
| Land Assessment | $405,240 | Total Assessment | $623,175 |
Property Taxes
Parcel Numbers
Land Assessment
$405,240
Improvements Assessment
$217,935
Total Assessment
$623,175
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310 Highway 290 #A & D Highway W #A & D | Highway 290
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