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    901 Loop Carthage, TX 75633

    For Sale
    $99,000

    Prime Commercial Land, Needs TLC, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property presents a unique investment opportunity in Carthage, Texas. Situated on a sizable 5.3-acre lot, the property boasts a high-profile location on the SE Loop, offering excellent visibility and convenient access to both the loop and S Hwy 59. The existing commercial building, while requiring some renovation and repair, presents a solid foundation for a variety of business ventures. The property includes a fenced area, providing ample secure space for storage, operations, or expansion. The building's current condition necessitates work, presenting a chance for a buyer to customize the space to perfectly suit their needs and vision. Given its strategic location and substantial acreage, this property is ideal for entrepreneurs seeking a prominent presence in a growing market. The asking price of $99,000 reflects the opportunity to acquire a significant commercial parcel at a competitive price point. The potential for return on investment is substantial, making this a compelling opportunity for those with a keen eye for value and a vision for revitalization. Serious inquiries are encouraged to explore the possibilities this property offers. The property is sold as-is.

    Property Features for 901 Loop

    General Information

    Property type
    Other commercial real estate
    Lot Size
    230,868 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Hair Salon Wholesale Shop Auto Repair Shop Nail Salon Clothing Store Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Carthage
    County
    Panola
    State
    Texas
    Longitude
    -94.32753
    Latitude
    32.14267

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Land, Needs TLC, High Visibility
    Where is this commercial real estate located?
    The property is located at 901 Loop Carthage, TX.
    What is the asking price?
    The asking price for this property is $99,000.
    (903) 738-2650
    Request Owner's contact information
    901 Loop Carthage, TX 75633
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    Carthage, TX 75633
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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
    901 Loop Carthage, TX 75633
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