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    1200 79 Henderson, TX 75654

    For Sale
    $450,000

    High-traffic location, redevelopment potential.

    Property size:
    11,341 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 11,341 square foot office building sits on a 0.9-acre lot at the southeast corner of Henderson's busiest intersection, boasting 125 feet of frontage on US Highway 79. With a 2022 traffic count of 19,542 vehicles daily, this property offers unparalleled visibility and accessibility. Ideal for redevelopment into retail or quick-service restaurant (QSR) space, the existing building also presents ample square footage for professional office, medical, or retail use. The property features a newly installed roof (July 2024) and abundant parking, with a generous 298:1 parking ratio. The building's layout is highly adaptable, with multiple entrances on both the first and second floors, allowing for easy subdivision. The first floor includes three entrances, five private offices, men's and women's restrooms, an IT room, reception area, open bullpen workspace, and a kitchenette. The second floor offers three entrances, eighteen private offices, an IT room, men's and women's restrooms, a kitchen and break room, a conference room, and multiple storage and file areas. A significant advantage is the inclusion of a 1,400 square foot climate-controlled warehouse space, complete with an 8-foot high by 10-foot wide grade-level overhead door. This versatile property presents a unique opportunity for significant return on investment. Priced at $450,000.

    Property Features for 1200 79

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    11,341 SF
    Lot Size
    39,204 SF

    Building Details

    Year Built
    1953
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Henderson
    County
    Rusk
    State
    Texas
    Longitude
    -94.79396
    Latitude
    32.14224

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    FAQs

    What type of property is this?
    Office Property Space - High-traffic location, redevelopment potential.
    Where is this office property space located?
    The property is located at 1200 79 Henderson, TX.
    What is the asking price?
    The asking price for this property is $450,000.
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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
    1200 79 Henderson, TX 75654
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