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    115 Commerce St Ranger, TX 76470

    For Sale
    $149,900

    Charming 1920s building, huge potential!

    Property size:
    7,176 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 7,176 square foot commercial building, located at 115 N Commerce Street in Ranger, Texas, presents a unique investment opportunity. Built in 1920, the property boasts significant character and charm, ideal for renovation and repurposing. The building sits on a half-acre lot (0.5 acres), which includes an adjacent lot providing ample parking. This substantial space offers a multitude of possibilities for a variety of commercial ventures. The building's age and size suggest a substantial amount of space that could be adapted to modern needs. The existing structure provides a solid foundation for a creative entrepreneur or investor looking to establish a presence in the vibrant Ranger community. The property's location on N Commerce Street offers excellent visibility and accessibility. Note that this property is available as part of a larger package deal including other properties in the area. Interested parties should inquire for further details regarding the package deal and its associated terms. This is a rare chance to acquire a piece of Ranger's history and transform it into a thriving commercial enterprise. The substantial size of the building and the included parking lot make this a highly attractive proposition.

    Property Features for 115 Commerce St

    General Information

    Property type
    Investment properties
    Square Feet
    7,176 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Restaurant Dental Office Clothing Store Building Supply Pharmacy Wholesale Shop Daycare Center Auto Repair Shop Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Ranger
    County
    Eastland
    State
    Texas
    Longitude
    -98.67963
    Latitude
    32.47075

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    FAQs

    What type of property is this?
    Investment property - Charming 1920s building, huge potential!
    Where is this investment property located?
    The property is located at 115 Commerce St Ranger, TX.
    What is the asking price?
    The asking price for this property is $149,900.
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    115 Commerce St Ranger, TX 76470
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    Ranger, TX 76470
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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
    115 Commerce St Ranger, TX 76470
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