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310 Highway 290 #A & D Highway W #A & D Highway 290

2,924 SF 100% Leased Office Building Elgin, TX 78621 $1,500,000 ($513/SF)

Office Space Texas Elgin Highway 290, Elgin, TX 78621

Investment Highlights

  • 2 legal lots with .92 acres total and approximately 252 feet Highway 290 Frontage
  • Zoned C3 Highway Commercial
  • Seller would consider owner financing on part of property and would need a lease back
  • 1/4 mile to strip center with Poco Loco and 1/2 mile to HEB
  • Buildings currently generate approximately $4625 income per month
  • Water meter and electricity on each tract

Executive Summary

2 legal lots with .92 acres total and approximately 252 feet Highway 290 Frontage
1/4 mile to strip center with Poco Loco and 1/2 mile to HEB
Buildings currently generate approximately $4625 income per month
Seller would consider owner financing on part of property and would need a lease back
Water meter and electricity on each tract

Attachments

310 Hwy 290 W #A and #D

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,924 SF
Building Class
C
Year Built/Renovated
1970/2022
Price
$1,500,000
Price Per SF
$513
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,924 SF
Building FAR
0.07
Lot Size
0.92 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C3 - C3 Highway Commercial
Parking
20 Spaces (6.84 Spaces per 1,000 SF Leased)
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PROPERTY TAXES

Parcel Number 92734 Improvements Assessment $4,814
Land Assessment $215,600 Total Assessment $220,414

PROPERTY TAXES

Parcel Number
92734
Land Assessment
$215,600
Improvements Assessment
$4,814
Total Assessment
$220,414
(512) 963-1113

Contact

  • Listing ID: 26417003

  • Date on Market: 8/17/2022

  • Last Updated:

  • Address: Highway 290, Elgin, TX 78621

More public record information on Highway 290, Elgin, TX 78621

The Office Property at Highway 290, Elgin, TX 78621 is currently available for sale. Contact Winkler & Company Real Estate for more information.

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310 Highway 290 #A & D Highway W #A & D | Highway 290
(512) 963-1113 x

310 Highway 290 #A & D Highway W #A & D | Highway 290

Sandy Menley

(512) 963-1113

(512) 963-1113

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