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    Warehouse Shop with Office Title is generated by Realmo AI

    805 W Commerce Street, Eastland, TX 76448

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    Claim this Listing
    Pending
    $80,000

    COMMERCIAL - Eastland, TX

    Property size:
    1,364 SF
    Lot size:
    0.12 Acres
    Added:
    May 7, 2026
    Days on Market:
    28
    Last Refresh:
    Jun 3 at 8:06 pm

    Property Features for 805 W Commerce Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Pending
    APN
    0011603
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Description
    W 50 1 & 3 BLK 21 DAUGHERTY
    Tax Annual Amount
    661

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1995
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Concrete, Laminate
    Building materials
    MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Brittney Segura

    Listing agent Brittney Segura License #0823760

    Listing office eXp Realty, LLC Austin, TX

    Listing date May 7, 2026

    MLS# 21259736

    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

    • One block off Main Street: 805 W Commerce in Eastland
    • Includes 980 sq ft warehouse/shop space plus 384 sq ft office
    • Warehouse has a large roll‑up door and built‑in storage areas
    • Convenient alley access running through to Main Street
    • Public utilities: public water and public sewer
    • Metal roof, metal siding; window unit cooling; laminate and concrete flooring; parking lot

    Overview

    805 W Commerce Street presents a versatile commercial setup combining a warehouse/shop area with a separate office. The warehouse includes a large roll-up door, ample workspace, and built-in storage areas suited for day-to-day operations, inventory, or light industrial use. An attached office space is clean and functional, providing a practical environment for administrative work, client-facing operations, or potential creative conversion.

    Positioned just one block off Main Street, the property benefits from strong accessibility and visibility in the Eastland commercial area. The site sits on a generously sized lot that allows flexibility for additional parking, expansion, or outdoor storage. Convenient alley access runs through to Main Street, supporting easier deliveries and smoother traffic flow than many street-only configurations.

    This property is well matched for a service-based business, workshop, or other light-use operation that needs both workspace and an office presence. It also offers appeal to investors seeking a flexible commercial space with room to adapt as demand changes. With practical functional features already in place, it’s a straightforward opportunity for operators and buyers looking for an efficient, usable footprint.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center 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
    Eastland
    County
    Eastland
    State
    Texas
    Longitude
    -98.826065
    Latitude
    32.401259

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    FAQs

    What type of property is this?
    Flex space - A functional shop with a roll-up door and office space, complemented by alley access and room for additional parking.
    Where is this flex space located?
    The property is located at 805 W Commerce Street Eastland, TX.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: One block off Main Street: 805 W Commerce in Eastland; Includes 980 sq ft warehouse/shop space plus 384 sq ft office; Warehouse has a large roll‑up door and built‑in storage areas
    (888) 519-7431
    We can help!
    Listing Contact
    Brittney Segura
    Real Estate License ID: 0823760
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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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