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    5372 Loop Carthage, TX 75633

    For Sale
    $479,000

    Established Business, Ample Land, I-69 Access

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional commercial property, located at 5372 NW Loop in Carthage, Texas, presents a remarkable investment opportunity. Situated on a sizable 0.17-acre lot, this versatile building boasts a prime location off the Loop and Highway 59, offering immediate access to high traffic volume and future growth potential with the anticipated arrival of I-69. Currently operating as a social club, the property features a fully equipped bar, stage, pool tables, dance floor, and three bathrooms, along with a functional kitchen. Its previous use as a church highlights its adaptability and suitability for a wide range of commercial ventures. The building is equipped with a comprehensive fire sprinkler system and smoke alarms directly connected to the fire department, ensuring a high level of safety and security. Beyond the existing structure, the significant land area offers substantial potential for expansion or the development of additional businesses, maximizing the return on investment. This property is priced at $479,000 and represents a unique chance to acquire a well-established business with significant future development possibilities in a rapidly growing area. The combination of existing infrastructure, prime location, and ample land makes this an exceptional opportunity for discerning investors.

    Property Features for 5372 Loop

    General Information

    Property type
    Other commercial real estate
    Lot Size
    7,405 SF

    Building Details

    Year Built
    2006
    Property Profile Location Intelligence

    Current Use by Public Records

    Bulldawg Burger Hamburger Restaurant Texas Country Social ... Bar & Grill

    Suggested Use

    Restaurant Building Supply Spa & Massage Auto Repair Shop Clothing Store Auto Parts Store Gym & Fitness Skin Care Clinic Kitchen & Bath Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Carthage
    County
    Panola
    State
    Texas
    Longitude
    -94.34129
    Latitude
    32.18129

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    FAQs

    What type of property is this?
    Commercial real estate - Established Business, Ample Land, I-69 Access
    Where is this commercial real estate located?
    The property is located at 5372 Loop Carthage, TX.
    What is the asking price?
    The asking price for this property is $479,000.
    (903) 738-2650
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    5372 Loop 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
    5372 Loop Carthage, TX 75633
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