Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Sweetwater Commercial Property with Bays Title is generated by Realmo AI

    700 E Broadway, Sweetwater, TX 79556

    View on Map
    Claim this Listing
    For Sale
    $375,000

    Commercial - Sweetwater, TX

    Property size:
    6,000 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $62/SF
    Added:
    Mar 10, 2026
    Days on Market:
    68
    Last Refresh:
    May 16 at 2:06 am

    Property Features for 700 E Broadway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Interior features
    Storage, Private Bathrooms
    Standard status
    Active
    APN
    25778
    Size
    6,000 SF
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3701.26

    Building Details

    Floors in Building
    1
    Number of units
    1
    Architectural style
    Other

    We can help!

    Listing Contact
    Danelle Davis
    Danelle Davis

    Listing agent Danelle Davis

    Listing office Sweetwater Real Estate 409 Locust, Sweetwater, TX

    Listing date Mar 10, 2026

    MLS# 7297 Listing URL

    Copyright © 2026 Nolan County Board of Relators. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime commercial corner location in Sweetwater.
    • Five large bays for versatile use.
    • Nicely renovated indoor space with central heat and air.
    • Spacious lobby with reception area.
    • Includes two separate offices and a full bathroom.
    • Ample storage space.

    Overview

    Located in Sweetwater, this corner commercial property features five large bays. The indoor space has been renovated and includes central heat and air conditioning. The layout comprises a spacious lobby with a reception area, a large flex space, two separate offices, a full bathroom, and ample storage. The property is currently operating as a business during the week.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sweetwater
    County
    Nolan
    State
    Texas
    Longitude
    -100.401401
    Latitude
    32.473354

    Nearby Similar for Sale

    • $450,000
      3,664 SF

      Sweetwater Restaurant Investment Opportunity

      Established restaurant property for sale in prime location.
      2117 Lamar, Sweetwater, TX 79556
      View Details
    • $199,000
      7,759 SF

      Spacious Commercial Building in Sweetwater

      Large 7,759 sq ft commercial building with flexible zoning.
      1500 Cypress, Sweetwater, TX 79556
      View Details
    • $1,200,000
      29,854 SF

      Sweetwater Shopping Center Investment

      Prime commercial location with long-term tenants and investment possibilities.
      500 E Broadway, Sweetwater, TX 79556
      View Details
    • $160,000
      8,000 SF

      Unique Sweetwater Mixed-Use Building

      Two-story, 8,000 sqft building with potential for mixed-use development.
      122 Oak St, Sweetwater, TX 79556
      View Details
    • $60,000
      2,070 SF

      Sweetwater Commercial Space For Sale

      2070 sq ft commercial space in Sweetwater's business district.
      318 Oak, Sweetwater, TX 79556
      View Details
    • $350,000
      3,584 SF

      Sweetwater Commercial Building For Sale

      Commercial building featuring showroom, offices, shop area, and parking.
      1211 Lamar St, Sweetwater, TX 79556
      View Details
    • $199,900
      1,792 SF

      Sweetwater Quadplex Investment Opportunity

      Updated quadplex with consistent rental history and additional lots.
      211 W Ave D, Sweetwater, TX 79556
      View Details
    • $397,500

      Nolan County Ranch with Farmhouse

      110 acres with farmhouse near Sweetwater, Texas.
      509 County Road 234, Sweetwater, TX 79556
      View Details
    • $298,900
      4,056 SF

      Multi-Use Property Near Sweetwater

      11.315 acres with shop, office, and apartment.
      TBD (Tract 2) CR 214, Sweetwater, TX 79556
      View Details
    • $1,375,000

      Turnkey Multifamily Property in Sweetwater

      24-unit multifamily property with modern upgrades and upside potential.
      501 Elm St, Sweetwater, TX 79556
      View Details
    • $4,882,500

      Sweetwater Retail Property For Sale

      Retail property available for purchase in Sweetwater, Texas.
      1108 E Broadway St, Sweetwater, TX
      View Details
    • $1,950,450
      21,218 SF

      Sweetwater Industrial Property with Cranes

      Industrial property featuring cranes and grade-level doors in Sweetwater.
      110 CR 141, Sweetwater, TX
      View Details

    FAQs

    What type of property is this?
    Retail space - Corner property with renovated space, bays, and flexible layout.
    Where is this retail space located?
    The property is located at 700 E Broadway Sweetwater, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Prime commercial corner location in Sweetwater.; Five large bays for versatile use.; Nicely renovated indoor space with central heat and air.
    (325) 660-2032
    We can help!
    Listing Contact
    Danelle Davis
    Danelle Davis
    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

    Thank You for Inquiry
    700 E Broadway, Sweetwater, TX 79556
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!