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    OFF-MARKET
    Warehouses

    225 9th St, Slaton, TX 79364-4107

    2,190 SF 0.16 ac lot Built 1950
    Individually Owned 14-yr Hold Absentee Owner Free & Clear
    Property ID
    US82-2589602
    Property summary
    AI-generated overview

    This unique Slaton, Texas mixed-use property, located at 225 S 9th St (legal address), offers a compelling investment opportunity. Priced at $120,000, this 1,500-2,400 square foot building sits on a 7,000 square foot lot and boasts a fascinating history as a former hat factory and rental space. The interior features a former one-bedroom layout, a half bath with a separate shower, a kitchen, dining room, and living room, making it ideal for live-work arrangements. An additional 900 square feet of workshop/storage space adds significant versatility. The property's unique character and ample space make it perfect for a craftsperson or entrepreneur seeking a blend of living and working space. Note that the address may also appear as 227 S 9th St on the building itself. A virtual tour is available online. This property is being sold separately from an adjacent larger property at 215 S 9th St, Slaton, TX 79364, which is also available for purchase. The adjacent property offers 9,439 square feet of above-grade space, including a 700 square foot attached garage with a 400 square foot storage loft. This adjacent property is listed separately at $285,000 and offers a variety of potential uses, including event venue, art studio, gallery, office, retail, restaurant, antique store, or live/work space. A virtual tour is also available for this adjacent property.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1950
    Total area 2,190 SF
    Lot 0.16 ac (7,000 SF)
    Zoning code 26
    APN R132599
    UPID US82-2589602
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Sara M Waters · 14 yrs held
    Sara M Waters
    since 2012
    2 recorded transactions
    2012
    2011
    Zoning & alternative use
    26 · Slaton, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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