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    500 Andrews St Andrews, TX 79714

    For Sale
    $295,000

    6,952 sq ft commercial space, 0.46 acres.

    Property size:
    6,952 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property, located at 500 Andrews Street in Andrews, Texas, presents a significant investment opportunity. The building boasts a substantial 6,952 square feet of versatile space, ideal for a variety of commercial uses. Situated on a sizable 0.46-acre lot, the property offers ample room for expansion, parking, or outdoor operations. The asking price is $295,000, representing a compelling value for a property of this size and location in the thriving Andrews market. The building's existing structure provides a solid foundation for immediate occupancy or potential renovation to suit specific business needs. Its strategic location in Andrews offers excellent visibility and accessibility, ensuring convenient access for customers and employees. The property's size and layout provide flexibility for various business models, from retail and office spaces to light industrial or warehousing operations. This is a rare opportunity to acquire a substantial commercial property in a dynamic Texas market. The property is ready for immediate use, making it an attractive option for businesses seeking a turnkey solution or those looking to customize a space to their exact specifications. Serious inquiries are encouraged to explore the potential of this exceptional commercial offering. The property is being sold as-is.

    Property Features for 500 Andrews St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,952 SF
    Lot Size
    20,038 SF

    Building Details

    Year Built
    1982
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Andrews
    County
    Andrews
    State
    Texas
    Longitude
    -102.5463
    Latitude
    32.31447

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    FAQs

    What type of property is this?
    Commercial real estate - 6,952 sq ft commercial space, 0.46 acres.
    Where is this commercial real estate located?
    The property is located at 500 Andrews St Andrews, TX.
    What is the asking price?
    The asking price for this property is $295,000.
    (855) 450-0442
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    500 Andrews St Andrews, TX 79714
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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
    500 Andrews St Andrews, TX 79714
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