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    9 Clay St Nocona, TX 76255

    For Sale
    $1,150,000

    Retail - Nocona, TX

    Type:Retail
    Lot size:
    1.97 Acres
    Days on Market:
    317
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 9 Clay St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    R000009739
    Parking features
    Carport, Garage
    Lot size
    1.97 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1925
    Flooring type
    Hardwood
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    Red River Realty (940) 235-0843

    Listing agent Gary Eldred (940) 235-0843 License #0664964

    Listing date Jan 24, 2025

    MLS# 20253475 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

    Historic Retail Property in Nocona

    This historic property, located in the heart of Nocona, Texas, was built in 1925 and served as a feed store offering agricultural products to farmers and ranchers in Montague County from 1930 until the McNabb family's retirement in late December 2020. Situated on approximately 1.97 acres of prime real estate, the property features frontage on Highway 82, Clay Street, and Willow Street, providing access from three main roads. The improvements include a 4,250-square-foot feed store, storage buildings, and various covered storage buildings. The property also includes 60-foot and 70-foot working truck scales. This property presents an opportunity to own a historic piece of real estate in Montague County with a location along Highway 82.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Nocona
    County
    Montague
    State
    Texas
    Longitude
    -97.727701
    Latitude
    33.78698

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    FAQs

    What type of property is this?
    Retail property - Prime real estate with highway frontage and agricultural history.
    Where is this retail property located?
    The property is located at 9 Clay St Nocona, TX.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Prime location with frontage on Highway 82, Clay Street, and Willow Street.; - Historic property built in 1925.; - Approximately 2 acres of real estate.
    (940) 235-0843
    Request Owner's contact information
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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
    9 Clay St Nocona, TX 76255
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