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    1315 West Panola St Carthage, TX 75633

    For Sale
    $650,000

    Commercial - Carthage, TX

    Days on Market:
    36
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 1315 West Panola St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Year built
    1984
    Number of units
    1
    Roof type
    Composition
    Architectural style
    Other

    Theresa Hull Hometown Realty (903) 693-1007 [email protected]

    Listing agent Theresa Hull (903) 631-0234

    Listing date Oct 31, 2025

    MLS# 20256135 Listing URL

    Copyright © 2025 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Space in Carthage, TX

    Located at 1315 West Panola in Carthage, TX, this 5652 square foot commercial space presents an opportunity for restauranteurs or entrepreneurs. The property is suitable for various concepts, from restaurants to retail. Key features include a prime location and high traffic area with excellent visibility. The spacious interior offers a versatile layout that allows for customization. Parking is available for patrons and staff.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Panola College Cafe

    Location Insight

    • Map
    • Local Demand
    City
    Carthage
    County
    Panola
    State
    Texas
    Longitude
    -94.358967
    Latitude
    32.1588

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    FAQs

    What type of property is this?
    Restaurant - Versatile 5652 SF commercial space suitable for restaurant or retail.
    Where is this restaurant located?
    The property is located at 1315 West Panola St Carthage, TX.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - High-traffic location with excellent visibility.; - Spacious 5652 sq ft interior.; - Versatile layout allows for customization.
    (903) 631-0234
    Request Owner's contact information
    1315 West Panola St Carthage, TX 75633
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1315 West Panola St Carthage, TX 75633
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