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    5843 Us-83 Ovalo, TX 79541

    For Sale
    $169,000

    Spacious Office Building, Hwy 36 Visibility

    Property size:
    3,976 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 3,976 square foot office building presents a remarkable investment opportunity in Ovalo, Texas. Strategically located on a 0.25-acre lot at the corner of US-83 and Highway 36, this property boasts exceptional visibility and accessibility. Currently configured to accommodate a variety of uses, the building features a large open area, ideal for a main gathering space or large office area, along with several additional rooms suitable for classrooms, childcare facilities, or individual offices. The existing setup includes two fully functional bathrooms and two additional plumbed bathrooms ready for completion. The building is equipped with central heating and air conditioning, a durable metal roof, and a separate storage building, adding to its functionality and value. All furniture is negotiable, making this a turnkey solution for a church seeking expansion, a daycare center, or any business requiring ample space and high visibility. The property sits on three combined lots, offering ample room for expansion or future development. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable location. The asking price is $169,000.

    Property Features for 5843 Us-83

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,976 SF
    Lot Size
    10,890 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Ovalo
    County
    Taylor
    State
    Texas
    Longitude
    -99.80827
    Latitude
    32.17322

    Nearby Comparable

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      Tuscola Ranch with 92 Acres

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    Nearby Similar for Sale

    • $2,900,000
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      Turnkey Ranch Estate with Luxury Home

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    • $139,900
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      Spacious Building Near Tuscola

      Versatile building on three lots, ideal for church or daycare.
      5843 Us-83, Ovalo, TX 79541
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Spacious Office Building, Hwy 36 Visibility
    Where is this office property / space located?
    The property is located at 5843 Us-83 Ovalo, TX.
    What is the asking price?
    The asking price for this property is $169,000.
    Request Owner's contact information
    5843 Us-83 Ovalo, TX 79541
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    Ovalo, TX 79541
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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
    5843 Us-83 Ovalo, TX 79541
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