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Improved Commercial Land for Sale in Center, Texas

766/807 Hurst St, Center, TX 75935

$2,315,000
1.85 acres
Active sale
Est $13,505/mo

High visibility retail strip centers with mix of stabilized income across (2) buildings and (7) in-place tenant leases and value add opportunity in the areas of roof line expansion, lease restructure and mark-to-market opportunities and lease-up of the (23) newly constructed self storage units with room to add up to (15) more. With a Pro Forma Year 1 Net Operating Income of $217,753.72, the going in cap rate is 9.65% at the asking price.

19,500
Sq feet
2020
Built

Location

Street address
766/807 Hurst St
Community
Shelby
Elevation
330 feet
Coordinates
31.8013, -94.1906

Property details

Acreage
1.85 acres
MLS #
NMLS 22200781
Posted

Details and features

Listing

Type
Commercial Sale
Subtype
Retail

Exterior

Features
Metal Siding

Structure

Roof
Metal

Listing history

DateEventPriceChangeSource
May 22, 2026New listing$2,315,000NMLS
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This 1.85-acre property is located at 766/807 Hurst St in Center, TX 75935. The property is available for sale for $2,315,000. It has a 19,500 sq ft structure built in 2020.

Listed by Charles Pool Real Estate, (936) 564-2622

Checked 2 hours agoUpdated Source

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