Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1960
Sq.Footage
N/A
Formerly a daycare, this versatile 11,000+ SF commercial property sits on 1+ acre with dual road frontage in a Multi-Family Dwelling District. The functional layout includes 12 private rooms with full baths, office areas, a commercial kitchen, laundry, and multiple flex spaces, creating endless end-use potential for multi-family conversion, co-working, flex office suites, medical or wellness, senior-focused services, hospitality group lodging, or community training space. Centrally located near downtown, shopping, and medical centers, it supports strong lease demand and long-term value. Current income supports an estimated 10% cap rate with upside potential, and the property is located in a Texas Opportunity Zone offering potential tax incentives.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Additional Parking, Attached Carport, Carport, Circular Driveway, Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Few Trees, Landscaped
-
Lot Size(acres)
1.068
-
Property Type
Commercial Sale
-
Property Sub Type
Office
Price
-
Sales Price
$990,000
-
Tax Amount
$21,206
-
Zoning
Residential Multi-Family
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Accessibility Features
Accessible Entrance, Accessible Approach with Ramp
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
9-A
-
Water Source
Public
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Location
County
Lamar
Elementary School
Middle School
High School
Listing Courtesy of Shannon Miles , EXP REALTY
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AGENT
Joe Boston
Call Joe today to schedule a private showing.
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