211 Katy St
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211 Katy St
2,024 SF Retail Building Lone Oak, TX 75453 $400,000 ($198/SF)
Investment Highlights
- US Highway 69 Frontage
- Historic District
Executive Summary
Stampede Pizza and Ice Cream shop with arcade in downtown Lone Oak, Tx. Fronts US Highway 69 with high traffic count. Complete renovation of the building from top to bottom with everything up to code completed in the spring of 2023. Excellent investment opportunity in a high growth area.
Taxes & Operating Expenses (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$2,530
|
$1.25
|
| Operating Expenses |
$2,530,000
|
$1,250.00
|
| Total Expenses |
$2,532,530
|
$1,251.25
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $2,530 |
| Annual Per SF | $1.25 |
| Operating Expenses | |
|---|---|
| Annual | $2,530,000 |
| Annual Per SF | $1,250.00 |
| Total Expenses | |
|---|---|
| Annual | $2,532,530 |
| Annual Per SF | $1,251.25 |
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
2,024 SF
Building Class
C
Year Built/Renovated
1943/2023
Price
$400,000
Price Per SF
$198
Business Value
$85,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.33 AC
Opportunity Zone
Yes
Frontage
25 FT on Katy St
About 211 Katy St , Lone Oak, TX 75453
Stampede Pizza and Ice Cream shop in Historic Downtown Lone Oak District.
PROPERTY TAXES
| Parcel Number | 73972 | Total Assessment | $205,190 (2023) |
| Land Assessment | $26,530 (2023) | Annual Taxes | $2,530 ($1.25/SF) |
| Improvements Assessment | $178,660 (2023) | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
73972
Land Assessment
$26,530 (2023)
Improvements Assessment
$178,660 (2023)
Total Assessment
$205,190 (2023)
Annual Taxes
$2,530 ($1.25/SF)
Tax Year
2024 Payable 2025
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211 Katy St
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