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    Industrial Shop with Highway Visibility Title is generated by Realmo AI

    704 N 1st, Haskell, TX 79521

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    Claim this Listing
    Pending
    $85,000

    LAND - Haskell, TX

    Lot size:
    0.66 Acres
    Added:
    May 21, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 5 at 6:06 pm

    Property Features for 704 N 1st

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    R02654
    Lot size
    0.66 Acres

    Taxes and HOA fees

    Tax Description
    100X288 OL 15 B&R HASKELL
    Tax Annual Amount
    624

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1969

    We can help!

    Listing Contact
    Megan Cox
    Megan Cox

    Listing agent Megan Cox License #0613048

    Listing office Rike Real Estate, LLC Haskell, TX

    Listing date May 21, 2026

    MLS# 21235572 Listing URL

    Copyright © 2026 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.

    HighLights

    • Commercial property built in 1969 with public water and public sewer service
    • Located along US 380 E in Haskell with highway frontage
    • Currently operating as a shop with roll‑up doors for convenient access to equipment, vehicles, or inventory
    • On‑site RV hookup includes electric, water, and sewer
    • Roll‑up doors and ample workspace support day‑to‑day operations and business use customization

    Overview

    This versatile industrial shop offers the kind of practical day-to-day functionality many businesses need. The existing building includes convenient roll-up doors for straightforward access to equipment, vehicles, or inventory, along with ample workspace to support ongoing operations. There is also room for expansion, giving a new owner flexibility to grow the current setup or customize the space to better match their business needs.

    Located along highly visible US 380 East in Haskell, Texas, the property benefits from strong highway frontage and easy accessibility. The address is 704 N 1st in Haskell (79521), positioning it for customers, deliveries, and service-oriented uses that value visibility and convenient access.

    With its combination of flexible shop space and the added on-site RV hookup with electric, water, and sewer, the property can work well for entrepreneurs and investors seeking an adaptable industrial option. It may be a strong fit for businesses that need roll-up access and a functional indoor workspace, as well as owners looking for potential added income or an integrated on-site amenity. As a for-sale offering, it presents a straightforward opportunity to establish or expand a commercial presence in a visible corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    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.

    Similar Places Nearby

    • Gavilon Grain LLC — 102 N 3rd St, Haskell, TX 79521
    • S&S Storage — 203 N 2nd St, Haskell, TX 79521

    Location Insight

    • Map
    • Local Demand
    City
    Haskell
    County
    Haskell
    State
    Texas
    Longitude
    -99.737031
    Latitude
    33.157799

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    FAQs

    What type of property is this?
    Warehouse - A shop-style warehouse with roll-up access, expandable space, and an on-site RV hookup ready for a variety of operators.
    Where is this warehouse located?
    The property is located at 704 N 1st Haskell, TX.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: Commercial property built in 1969 with public water and public sewer service; Located along US 380 E in Haskell with highway frontage; Currently operating as a shop with roll‑up doors for convenient access to equipment, vehicles, or inventory
    (940) 864-2411
    We can help!
    Listing Contact
    Megan Cox
    Megan Cox
    Real Estate License ID: 0613048
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    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.

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