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Edgewood Commercial Building 15996 Highway 80 3,600 SF 33% Leased Retail Building Edgewood, TX 75117 $899,268 CAD ($249.80 CAD/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 1 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. Billboard lease is also an option to purchase as part of the sale of the building.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,600 SF
Building Class
C
Year Built
2023
Price
$899,268 CAD
Price Per SF
$249.80 CAD
Percent Leased
33%
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)
Amenities
- Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | R000011619 | Improvements Assessment | $468,743 CAD |
| Land Assessment | $91,438 CAD | Total Assessment | $560,181 CAD |
Property Taxes
Parcel Number
R000011619
Land Assessment
$91,438 CAD
Improvements Assessment
$468,743 CAD
Total Assessment
$560,181 CAD
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Edgewood Commercial Building | 15996 Highway 80
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