1606 S 31st St - Office FOR SALE


Temple, TX 76504
$389,000 USD
254-773-0246
1606 S 31st St, Temple, TX for Sale
$389,000 USD
Office - FOR SALE
1/4
null | Request Cap Rate

1606 S 31st St
Temple, TX 76504


OVERVIEW

Location, Location, Location in the heart of Temple, Texas, 1606 South 31st, better known as "The Medical Mile" directly across from Baylor Scott & White Medical complex. Offers a perfect site for administrative business office, attorney's office, doctor's office / clinic, pharmacy or any drive-thru restaurant (coffee, burgers, tacos). This site only has one lot, but other properties nearby might become part of the dream. This property is located in Temple's Medical Education District 9TMED, designed to promote the city's outstanding medical and educational facilities. Strategic Accessibility: Positioned along South 31st Street a major arterial road with 27,460 ADT- this property ofers exceptional visibility and access. Its proximity to Baylor Scott & White, Temple College, Temple Marketplace, and downtown Temple ensures a steady flow of consumer trafic year-round. Premier Medical Location: Its close proximity to the Temple V.A. Hospital Complex and Baylor Scott & White Medical Center makes it an ideal location for healthcare-related tenants, further driving demand for medical services. Premier Education Location: It's close proximity to Temple College a nationally recognized growing community college. Makes it ideal for administrative ofice space, continuous medical education space directly across from a major medical center. Temple College has become one of the premier institutions for healthcare providers' education and training. 5,400+ fall enrollment, 4 campuses. 80+ Degree and Certificate programs. Demographics Support Investment: The surrounding area is characterized by strong demographics, including an average household income of $96,306 within a 1-mile radius. The 5-mile population of 78,907 is projected to grow to 83,616 by 2029, ofering long-term stability and growth potential for investors.

FOR SALE DETAILS

PRICE

$389,000 USD

PRICE/SF

$311 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,237 SF

ZONING

GR

APN/PARCEL ID

94099

ASK ABOUT THIS PROPERTY

Jimmy MoralesAshby Real Estate GroupMore Info
254-773-0246

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Jimmy MoralesAshby Real Estate GroupMore Info
254-773-0246

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.