Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    550 S Fm 1138 Nevada, TX 75173

    For Sale
    $481,000

    Business - Nevada, TX

    Type:Business
    Lot size:
    1.44 Acres
    Days on Market:
    149
    Last Refresh:
    Dec 10 at 3:06 am

    Property Features for 550 S Fm 1138

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    R631200000101
    Parking features
    Garage, Oversized, Unassigned
    Lot size
    1.44 Acres

    Utilities

    Heating system
    None (Heating), Other (Heating)

    Building Details

    Year built
    1974
    Flooring type
    Concrete
    Building materials
    Concrete
    Roof type
    Concrete
    Architectural style
    Other

    U Property Group (469) 514-3375 [email protected]

    Listing agent Jay Fang (214) 407-8907 License #0671181

    Listing date Jul 15, 2025

    MLS# 21000952 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unique Collin County Investment Property

    This investment property is located in a fast-growing part of Collin County. The former AT&T microwave equipment center features 24-inch rhubarb concrete walls and 15-foot ceilings. The building includes over 3,000 square feet of wide-open space that can be designed for all uses. The power supply system has been updated for crypto mining use with a total of 3 EATON Panels, Model: PRL1a, each panel supports Phase 3 Wire 4, 208Y 120V. Electrical cable valued at $10,000 is available. The property is plumbed and has electrical for kitchen, bathrooms, and office space. The 1.4 acres of land includes fenced parking, providing privacy and security.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Storage Facility Cafe & Coffee Shop Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Nevada
    County
    Collin
    State
    Texas
    Longitude
    -96.372729
    Latitude
    33.029015

    Nearby Similar for Sale

    • $175,000

      Renovated Commercial Property with Potential

      Unique, renovated commercial property with high visibility and development potential.
      5769 Williams St, Nevada, TX 75173
      View Details
    • $2,399,900

      Nevada, TX Agricultural Property

      Agricultural property for sale in Nevada, Texas.
      6087 Business 78, Nevada, TX 75173
      View Details

    FAQs

    What type of property is this?
    Industrial property - Former AT&T microwave equipment center on 1.4 acres.
    Where is this industrial property located?
    The property is located at 550 S Fm 1138 Nevada, TX.
    What is the asking price?
    The asking price for this property is $481,000.
    What are key features of this property?
    This property features: - Updated power supply system with **3 EATON panels (PRL1a) suitable for high-power use**.; - Over 3,000 sq ft of open space adaptable for various uses.; - 1.4 acres of land with fenced parking for privacy and security.
    (214) 407-8907
    Request Owner's contact information
    550 S Fm 1138 Nevada, TX 75173
    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.
    550 S Fm 1138
    Nevada, TX 75173
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    550 S Fm 1138 Nevada, TX 75173
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.