Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1507 North St Nacogdoches, TX 75965

    View on Map
    Claim this Listing
    For Sale
    $1,450,000

    Building - Nacogdoches, TX

    Property size:
    18,280 SF
    Lot size:
    3.10 Acres
    Price / SF:
    $79/SF
    Added:
    Feb 19, 2026
    Days on Market:
    64
    Last Refresh:
    Apr 24 at 7:06 am

    Property Features for 1507 North St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    18,280 SF
    Lot size
    3.10 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Brent Bradberry
    Brent Bradberry

    Listing agent Brent Bradberry License #0715170

    Listing office Drake Real Estate & Investments 11621 CR 166, Tyler, TX

    Listing date Feb 19, 2026

    MLS# 25016429 Listing URL

    Copyright © 2026 Greater Tyler 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

    Nacogdoches Redevelopment Opportunity

    This property presents an excellent redevelopment opportunity along the main retail corridor in Nacogdoches. It is located directly across the street from Stephen F Austin State University, which had approximately 11,000 students enrolled in 2025. The site benefits from multiple points of ingress and egress, as well as access to a lighted intersection. The traffic count is 23,471 vehicles per day (TxDot '24). The property is zoned B-2 (General Business) and is located in an Opportunity Zone. The 3.1-acre lot is ideal for hotel, junior box, or larger sit-down restaurant users. The property size is 18,280 square feet. Nearby businesses have high annual visits (per Placer.ai): Chick-fil-A: 745,000, McDonalds: 842,000, and Taco Bell: 413,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FROGS Restaurant Cardtronics Atm Frog's Restaurant Restaurant Icon Nightclub

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Azalea Catering — 1936 North St, Nacogdoches, TX 75965

    Location Insight

    • Map
    • Local Demand
    City
    Nacogdoches
    County
    Nacogdoches
    State
    Texas
    Longitude
    -94.6540041
    Latitude
    31.6165521

    Nearby Similar for Sale

    • $345,000
      9,000 SF

      Established Event Venue on 2.8 Acres

      Turnkey event venue with furnishings, decor, and existing bookings.
      645 CR 217, Nacogdoches, TX 75965
      View Details
    • $850,000
      6,000 SF

      Highway Frontage Commercial Investment Opportunity

      6,000 SF building on 5 acres with highway frontage.
      5287 Hwy 59 South, Nacogdoches, TX 75964
      View Details
    • $1,570,000
      14,130 SF

      Landmark Center Mixed-Use Investment

      Iconic mixed-use commercial property with retail and office space.
      113-119 NORTH STREET, Nacogdoches, TX 75961
      View Details
    • $1,650,000
      8,114 SF

      Nacogdoches Restaurant on North Street

      Turnkey restaurant with expansion potential in high-traffic area.
      3217 North Street, Nacogdoches, TX 75965
      View Details
    • $300,000
      4,000 SF

      Nacogdoches Multi-Use Commercial Investment

      Versatile office/warehouse with dorm, shop, and storage space.
      3615 Press Road, Nacogdoches, TX 75961
      View Details
    • $1,175,000
      7,500 SF

      Nacogdoches Commercial Property Near Medical Center

      Spacious 7,500 SF facility on 1.9 acres near Medical Center.
      513 Russell Blvd., Nacogdoches, TX 75965
      View Details
    • $295,000
      5,340 SF

      Nacogdoches Warehouse on Main Street

      Commercial property with two metal buildings and undeveloped land.
      1106 E Main St, Nacogdoches, TX 75961
      View Details
    • $500,000
      6,799 SF

      Nacogdoches Medical Office Building

      Five-suite medical office building, 95% leased, good condition.
      4800 A N E Stallings Drive, Nacogdoches, TX 75965
      View Details
    • $325,000
      1,680 SF

      Restaurant on State Highway 59

      High-visibility restaurant investment opportunity in a high-traffic retail corridor.
      3415 South Street, Nacogdoches, TX 75964
      View Details
    • $219,000
      2,696 SF

      Income-Producing Commercial Property with Residence

      Commercial shop and separate residence on one tract.
      9504 Highway 59, Nacogdoches, TX 75964
      View Details
    • $96,000
      8,000 SF

      Nacogdoches Warehouse with Development Potential

      8000 sq ft commercial warehouse with ample parking.
      1501 Rayburn Drive, Nacogdoches, TX 75961
      View Details
    • $950,000
      1,754 SF

      Versatile Property in High-Traffic Location

      Mixed-use property with residential structure and commercial zoning.
      5900 NORTH STREET, Nacogdoches, TX 75965
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime redevelopment site near Stephen F Austin State University.
    Where is this restaurant located?
    The property is located at 1507 North St Nacogdoches, TX.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: Directly across from Stephen F Austin State University (~11,000 students); Excellent re‑development potential along main retail corridor; High Traffic Counts: 23,471 VPD
    (903) 581-3737
    We can help!
    Listing Contact
    Brent Bradberry
    Brent Bradberry
    Real Estate License ID: 0715170
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!