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State Hwy 155 Mini-Mart 200 N Frankston Hwy

750 SF Vacant Retail Building Frankston, TX 75763 $150,000 ($200/SF)

Investment Highlights

  • Major Texas State Highway 155
  • Commercial flexibility
  • Corner lot
  • High visibility

Executive Summary

Prime commercial real estate opportunity awaits on heavily trafficked State Highway 155, conveniently positioned just north of the bustling intersection of US Hwy 175 and State Hwy 155. This vacant corner lot and building boast a storied past, having previously housed a mini-convenience store complete with underground gasoline pumps, last inspection in 2008. Buyer would need to confirm.
Most recently utilized as a small workout facility, this versatile space is ripe for redevelopment. With its strategic location and ample parking, the possibilities for this property are endless. Ideal for a drive-thru eatery, coffee shop, or other retail establishment, its high visibility ensures a steady flow of potential customers.
Moreover, the expansive parking area offers the flexibility to accommodate food truck stations, adding further allure to this commercial gem. Don't miss this chance to capitalize on a prime location and unlock the full potential of this dynamic space. Seize the opportunity to establish your business at the heart of this thriving commercial corridor.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes $1,464 $1.95
Operating Expenses - -
Total Expenses $1,464 $1.95

Financial Summary (Actual - 2023)

Taxes
Annual $1,464
Annual Per SF $1.95
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $1,464
Annual Per SF $1.95

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
750 SF
Year Built
1968
Price
$150,000
Price Per SF
$200
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.05
Land Acres
0.38 AC
Zoning
Commercial - Commercial Retail, Office
Frontage
190 FT on Texas State Hwy 155

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R64161
Land Assessment
$27,600 (2024)
Improvements Assessment
$55,067 (2024)
Total Assessment
$82,667 (2024)
Annual Taxes
$1,464 ($1.95/SF)
Tax Year
2023
  • Listing ID: 31654852

  • Date on Market: 4/30/2024

  • Last Updated:

  • Address: 200 N Frankston Hwy, Frankston, TX 75763

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