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    6421 E State Highway 31 Murchison, TX 75778

    For Sale
    $600,000

    Retail - Murchison, TX

    Type:Retail
    Lot size:
    0.47 Acres
    Days on Market:
    134
    Last Refresh:
    Dec 9 at 6:06 pm

    Property Features for 6421 E State Highway 31

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    3235
    Parking features
    Parking Lot
    Lot size
    0.47 Acres

    Utilities

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

    Building Details

    Year built
    1972
    Flooring type
    Brick, Other
    Building materials
    Brick, Metal Siding
    Roof type
    Composition
    Architectural style
    Other

    United Country Lake Palestine (903) 876-1051

    Listing agent Dana Staples (903) 266-2900 License #0546841

    Listing date Jul 29, 2025

    MLS# 20801410 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

    Retail Mini-Strip Center on Highway

    This commercial retail mini-strip center is located on heavily traveled Texas State Highway 31 in Murchison, Texas, situated between Athens and Tyler. The property, totaling 10,371 square feet, is suitable for an owner-user or an investor looking to lease the highly visible spaces. Building 1 contains three units, with the largest space measuring 4,500 square feet and two remaining spaces each approximately 2,000 square feet. One tenant currently occupies suite 6421-C. The laundromat is currently closed but includes equipment and machines for inspection. Previously, a single-bay hand car wash with an existing drain was attached to the east side of the laundromat building. Prospective buyers should verify zoning regulations to determine if car wash usage can be resumed. The property is situated on a 0.47-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Spa & Massage Building Supply Hair Salon Auto Repair Shop Clothing Store Nail Salon Gym & Fitness Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Murchison
    County
    Henderson
    State
    Texas
    Longitude
    -95.750756
    Latitude
    32.278191

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    FAQs

    What type of property is this?
    Strip mall - Commercial retail mini-strip center on heavily traveled Texas State Highway.
    Where is this strip mall located?
    The property is located at 6421 E State Highway 31 Murchison, TX.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Located on heavily traveled Texas State Highway 31, offering high visibility.; - Total square footage of 10,371, suitable for owner-user or investor.; - Building 1 has 3 units, including a large **4500 sf space**.
    (903) 266-2900
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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
    6421 E State Highway 31 Murchison, TX 75778
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