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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/moHigh 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
- County
- Shelby County
- Community
- Shelby
- Elevation
- 330 feet
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
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 22, 2026 | New listing | $2,315,000 | — | NMLS |
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