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
    The Largest CRE Database in the US with Over 1 Million Listings

    615 W Court St Newton, TX 75966

    Sponsored
    For Sale
    $750,000

    Commercial - Newton, TX

    Property size:
    4,200 SF
    Lot size:
    1.00 Acre
    Days on Market:
    243
    Last Refresh:
    Feb 6 at 1:06 am

    Property Features for 615 W Court St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Paved or Surfaced
    Size
    4,200 SF
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete, Tile
    Building materials
    Steel Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    WENDI BANGOY
    WENDI BANGOY

    Southeast Texas 1st Realty (409) 860-3170

    Listing agent WENDI BANGOY (409) 242-8836

    Listing date Jun 9, 2025

    MLS# 258843 Listing URL

    Copyright © 2026 Beaumont Board 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.

    Learn more

    Property Insight Report

    Overview

    Retail and Auto Repair Shop

    This commercial property in Newton, Texas, offers a 4,200-square-foot retail area suitable for various business applications. Additionally, the property includes an 1,800-square-foot, 4-bay garage equipped with 2 car lifts, making it suitable for auto repair operations. The property also features office space and a storage room for inventory management. The property is located on a 1-acre lot. The property is centrally located and offers visibility and accessibility for customers. This property combines retail space with auto repair facilities. The property is located in Newton County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dusty's Complete Home ... (Bike/Boat/Book/etc) Store Newton Auto and Hardware Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Pharmacy

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

    Similar Places Nearby

    Stewart's Tire Shop, Deep East Texas RV, Newton Garage Corp., Just in time mobile auto repair and road service, Just In Time Mobile Auto and Road Service

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Newton
    State
    Texas
    Longitude
    -93.769578
    Latitude
    30.846013

    Nearby Similar for Sale

    • $500,000
      6.76 Acres

      New RV Park Investment Opportunity

      Newly constructed RV park near Hwy 190 ready for immediate income.
      7826 Us Highway 190 E, Newton, TX 75966
      View Details
    • $80,000
      0.12 Acres

      Charming Retail Space in Newton

      Tenant-occupied, furnished beauty shop and retail space for sale.
      106 Main St, Newton, TX 75966
      View Details
    • $95,000
      0.06 Acres

      Prime Downtown Retail Building

      Commercial building in prime location with optimal business exposure.
      405 Rusk St, Newton, TX 75966
      View Details
    • $279,900

      Healthcare Facility in Newton, Texas

      Transitional healthcare facility with recent renovations and convenient location.
      411 S Kaufman St, Newton, TX 75966
      View Details
    • $239,900

      Spacious 10-Acre Country Property

      Charming manufactured home on 10 acres with barn.
      612 County Road 2004, Newton, TX 75966
      View Details
    • $349,500

      Secluded 64-Acre Newton County Retreat

      64 acres with cabin, timber potential, and recreational opportunities.
      0000 Pvt Rd, Newton, TX 75966
      View Details
    • $123,750

      Unrestricted Land in Newton, Texas

      Unrestricted land with paved access in a peaceful, low-traffic area.
      3 Fm 2626, Newton, TX 75966
      View Details

    FAQs

    What type of property is this?
    Auto shop - Versatile retail and auto repair shop in Newton, Texas.
    Where is this auto shop located?
    The property is located at 615 W Court St Newton, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - 4,200 sqft retail area suitable for various businesses.; - 1,800 sqft 4-bay garage equipped with 2 car lifts.; - Prime central location with excellent visibility and easy access.
    (409) 860-3170
    Request Owner's contact information
    615 W Court St Newton, TX 75966
    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.
    615 W Court St
    Newton, TX 75966
    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
    615 W Court St Newton, TX 75966
    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

    We can help!
    Listing Contact
    WENDI BANGOY
    WENDI BANGOY
    Real Estate License ID: 507907
    (409) 860-3170
    Learn more
    Google sign-in failed. Please try again or use another login method.