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    7823 State Highway 155 Frankston, TX 75763

    Under Contract
    For Sale
    $479,000

    Retail - Frankston, TX

    Type:Retail
    Lot size:
    0.77 Acres
    Days on Market:
    29
    Last Refresh:
    Dec 9 at 11:06 pm

    Property Features for 7823 State Highway 155

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active Under Contract
    APN
    000102000A0010
    Parking features
    Open
    Lot size
    0.77 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1988
    Flooring type
    Concrete
    Building materials
    Aluminum Siding, Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    United Country Lake Palestine (903) 876-1051

    Listing agent Ray Ver Hey (903) 266-2900 License #0498681

    Listing date Nov 11, 2025

    MLS# 21024099 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

    Frankston Retail Investment Opportunity

    This investment property features a fully leased, 11,617-square-foot building currently used for the sales and storage of retail shelving. The property is leased through January 2030. Situated directly on Highway 155, the building includes a canopy at the front for covered parking and another canopy at the rear for a loading area. The property is located approximately 20 minutes south of Tyler, TX, and benefits from high traffic volume, with around 20,000 vehicles passing by daily. The city has no zoning, permitting, or inspectors, allowing for property modifications at any time. The seller will provide a new survey to divide 0.77 acres from the current 1.50 acres for the property, as depicted in the attached photo. The seller, who owns the adjacent building, is considering developing a small RV park. The property utilizes a septic system and municipal water supply.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Individual retail properties

    Suggested Use

    Restaurant Realty agency Hotel & Motel Kitchen & Bath Accounting Firm Storage Facility Cafe & Coffee Shop Smoke and Vape Shop Shopping Mall Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankston
    County
    Anderson
    State
    Texas
    Longitude
    -95.480012
    Latitude
    32.13621

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    FAQs

    What type of property is this?
    Retail property - Leased retail building on Highway 155, investment opportunity.
    Where is this retail property located?
    The property is located at 7823 State Highway 155 Frankston, TX.
    What is the asking price?
    The asking price for this property is $479,000.
    What are key features of this property?
    This property features: - Fully leased through January 2030, providing immediate and consistent rental income.; - High traffic location on HWY 155 with 20,000 vehicles passing by daily, offering excellent visibility.; - Large 11,617 sq ft building suitable for sales and storage.
    (903) 266-2900
    Request Owner's contact information
    7823 State Highway 155 Frankston, TX 75763
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    Frankston, TX 75763
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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
    7823 State Highway 155 Frankston, TX 75763
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