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    510 Georgia Ave Sweetwater, TX 79556

    For Sale
    $2,500,000

    Updated 80-Room Hotel, 2.29 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional investment opportunity presents a recently updated, 80-room hotel situated on a prominent 2.29-acre lot in Sweetwater, Texas. Boasting a prime location directly on I-20, this unflagged property offers significant advantages for both current operations and future expansion. All guest rooms have undergone recent renovations, eliminating the need for any property improvement plans (PIP). The substantial lot size provides ample space for truck parking, a significant benefit given the property's highway accessibility. Furthermore, the property's potential for expansion is considerable, allowing for increased capacity to meet the growing demand for housing and rental options in the area. The hotel's performance has demonstrably improved since the completion of the renovations. The property's location offers excellent visibility and convenient access for travelers. The expansive acreage also presents opportunities for additional development or amenity additions. This property is an ideal investment for those seeking a well-maintained, high-potential commercial asset in a strategically advantageous location. Further details are available upon execution of a non-disclosure agreement.

    Property Features for 510 Georgia Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    99,752 SF

    Building Details

    Year Built
    1980
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Sweetwater
    County
    Nolan
    State
    Texas
    Longitude
    -100.403
    Latitude
    32.45029

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    FAQs

    What type of property is this?
    Commercial real estate - Updated 80-Room Hotel, 2.29 Acres
    Where is this commercial real estate located?
    The property is located at 510 Georgia Ave Sweetwater, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    (512) 960-3253
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    510 Georgia Ave Sweetwater, TX 79556
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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
    510 Georgia Ave Sweetwater, TX 79556
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