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    301 Block 9 Spearman, TX 79081

    For Sale
    $195,000

    Modern Shop, Two Lots, Great Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property in Spearman, Texas, presents a fantastic investment opportunity. Built in 2020, the building boasts 14-foot-tall overhead doors, allowing for easy access for large vehicles. Trucks can conveniently drive through the building from one end to the other, making it ideal for various commercial uses. The interior features two well-appointed bathrooms, a convenient kitchen break area, and two private offices, providing ample space for both work and relaxation. The building includes the added benefit of heated floors, ensuring a comfortable workspace year-round. The sale price includes two adjacent lots, strategically located on a corner with paved roads on two sides, offering excellent visibility and accessibility. This prime location at the end of a block provides ample space and maneuverability. An air compressor is also included in the sale, adding further value to this comprehensive package. The property's modern construction, versatile layout, and convenient location make it an attractive proposition for a wide range of businesses. This turnkey operation is ready for immediate occupancy and offers significant potential for growth and return on investment. The property is priced at $195,000.

    Property Features for 301 Block 9

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    2020
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Spearman
    County
    Hansford
    State
    Texas
    Longitude
    -101.1946
    Latitude
    36.19928

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    FAQs

    What type of property is this?
    Commercial real estate - Modern Shop, Two Lots, Great Location
    Where is this commercial real estate located?
    The property is located at 301 Block 9 Spearman, TX.
    What is the asking price?
    The asking price for this property is $195,000.
    (806) 435-5444
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    301 Block 9 Spearman, TX 79081
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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
    301 Block 9 Spearman, TX 79081
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