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1606 S 31st St 1,249 SF Office Building Temple, TX 76504 $531,782 CAD ($425.77 CAD/SF)



Executive Summary
Location, Location, Location in the heart of Temple, Texas, 1606 South 31st, better known as "The Medical Mile" directly across from Baylor Scott & White Medical complex. Offers a perfect site for administrative business office, attorney's office, doctor's office / clinic, pharmacy or any drive-thru restaurant (coffee, burgers, tacos). This site only has one lot, but other properties nearby might become part of the dream. This property is located in Temple's Medical Education District 9TMED, designed to promote the city's outstanding medical and educational facilities. Strategic Accessibility: Positioned along South 31st Street a major arterial road with 27,460 ADT- this property offers exceptional visibility and access. Its proximity to Baylor Scott & White, Temple College, Temple Marketplace, and downtown Temple ensures a steady flow of consumer traffic year-round.
Premier Medical Location: Its close proximity to the Temple V.A. Hospital Complex and Baylor Scott & White Medical Center makes it an ideal location for healthcare-related tenants, further driving demand for medical services. Premier Education Location: It's close proximity to Temple College a nationally recognized growing community college. Makes it ideal for administrative office space, continuous medical education space directly across from a major medical center. Temple College has become one of the premier institutions for healthcare providers' education and training. 5,400+ fall enrollment, 4 campuses. 80+ Degree and Certificate programs. Demographics Support Investment: The surrounding area is characterized by strong demographics, including an average household income of $96,306 within a 1-mile radius. The 5-mile population of 78,907 is projected to grow to 83,616 by 2029, offering long-term stability and growth potential for investors.
Premier Medical Location: Its close proximity to the Temple V.A. Hospital Complex and Baylor Scott & White Medical Center makes it an ideal location for healthcare-related tenants, further driving demand for medical services. Premier Education Location: It's close proximity to Temple College a nationally recognized growing community college. Makes it ideal for administrative office space, continuous medical education space directly across from a major medical center. Temple College has become one of the premier institutions for healthcare providers' education and training. 5,400+ fall enrollment, 4 campuses. 80+ Degree and Certificate programs. Demographics Support Investment: The surrounding area is characterized by strong demographics, including an average household income of $96,306 within a 1-mile radius. The 5-mile population of 78,907 is projected to grow to 83,616 by 2029, offering long-term stability and growth potential for investors.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
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| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
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| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
1,249 SF
Building Class
C
Year Built
1952
Price
$531,782 CAD
Price Per SF
$425.77 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,249 SF
Building FAR
0.12
Lot Size
0.24 AC
Zoning
GR
1 1
Walk Score®
Very Walkable (75)
Property Taxes
| Parcel Number | 94099 | Improvements Assessment | $245,506 CAD |
| Land Assessment | $91,473 CAD | Total Assessment | $336,979 CAD |
Property Taxes
Parcel Number
94099
Land Assessment
$91,473 CAD
Improvements Assessment
$245,506 CAD
Total Assessment
$336,979 CAD
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1606 S 31st St
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