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    141 Fairway St Fairfield, TX 75840

    For Sale
    $1,600,000

    Thriving Turnkey Business, 1.23 Acres

    Property size:
    5,040 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional Fairfield, TX business opportunity includes a 5,040 sq ft building situated on a spacious 1.23-acre corner lot at 141 N Fairway, offering high visibility near the Highway 75 and Highway 84 intersection. Currently operating as Madness Tire & Rim, this established service shop is being offered as a turnkey operation, complete with real estate, equipment, inventory, and existing staff. The sale includes approximately 40 existing contracts with local businesses and organizations, ensuring a consistent income stream for the new owner. Services offered include oil changes and lube services, tire sales, repair, and mounting, as well as alignments and front-end repair. The building boasts seven overhead doors – four in the front and three in the back – providing ample access for vehicles and equipment. The substantial lot size presents opportunities for future expansion. The sale excludes only the business name, roadside services (all vehicles), and large truck tire sales

    Property Features for 141 Fairway St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,040 SF
    Lot Size
    53,579 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Freestone
    State
    Texas
    Longitude
    -96.1661
    Latitude
    31.72769

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    FAQs

    What type of property is this?
    Commercial real estate - Thriving Turnkey Business, 1.23 Acres
    Where is this commercial real estate located?
    The property is located at 141 Fairway St Fairfield, TX.
    What is the asking price?
    The asking price for this property is $1,600,000.
    (254) 405-0878
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    141 Fairway St Fairfield, TX 75840
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    Fairfield, TX 75840
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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
    141 Fairway St Fairfield, TX 75840
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