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    207 Rex Forsan, TX 79733

    Sponsored
    For Sale
    Contact for pricing

    High-return potential, oil patch proximity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property, located at 207 S Rex in Forsan, Texas, presents a unique investment opportunity. Priced at $10,000, this 2,498 square foot retail space sits on a 0.16-acre lot and is ideally situated within the heart of the oil patch, offering significant potential for high returns. The property is conveniently located just 15 miles from Big Spring, providing easy access to a larger population center. The building includes a dedicated office space within the main retail area, along with separate men's and women's restrooms. The property is being sold "as-is," meaning the buyer assumes responsibility for any necessary repairs or renovations. The seller has disclosed that they possess no information regarding the current condition of the property. All offers must be submitted by 5:00 PM on March 10th and include proof of funds for consideration. This is a rare chance to acquire a well-positioned commercial property at an attractive price point. Don't miss this opportunity to capitalize on the thriving oil industry and secure a valuable asset in a dynamic market. Serious inquiries only.

    Property Features for 207 Rex

    General Information

    Property type
    Retail properties
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1981
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Forsan
    County
    Howard
    State
    Texas
    Longitude
    -101.3658
    Latitude
    32.10857

    Nearby Comparable

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      Remodeled Office/Shop Space in Forsan

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    Nearby Similar for Sale

    • $250,000
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      Remodeled Office/Shop Space in Forsan

      Remodeled office/shop space featuring modern updates and fenced lot.
      207 S Rex, Forsan, TX 79733
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    • $250,000
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      Remodeled Office/Shop Space in Forsan

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      Barndominium with RV Spots

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      Forsan, TX Investment Opportunity

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      6,232 SF

      Forsan Warehouse with Office Space

      6,232 SF warehouse on 0.4 acres with office space.
      601 N Rex Ave, Forsan, TX
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    FAQs

    What type of property is this?
    Retail property - High-return potential, oil patch proximity.
    Where is this retail property located?
    The property is located at 207 Rex Forsan, TX.
    What is the asking price?
    The asking price for this property is $10,000.
    (432) 210-3452
    Request Owner's contact information
    207 Rex Forsan, TX 79733
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    Forsan, TX 79733
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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
    207 Rex Forsan, TX 79733
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