Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Historic Downtown Storefront Title is generated by Realmo AI

    110 S Maxwell Ave, Tulia, TX 79088

    View on Map
    Claim this Listing
    Picture of Storefront properties at 110 S Maxwell Ave, Tulia, TX
    For Sale
    $50,000

    COMMERCIAL - Tulia, TX

    Lot size:
    0.08 Acres
    Added:
    Mar 5, 2026
    Days on Market:
    91
    Last Refresh:
    Jun 4 at 7:06 pm

    Property Features for 110 S Maxwell Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    1
    Rooms
    Bathroom 1
    Standard status
    Active
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Description
    BLK 38 LT 23 OT TULIA
    Tax Annual Amount
    317

    Building Details

    Year built
    1920

    We can help!

    Listing Contact
    Apryll Van Pelt
    Apryll Van Pelt

    Listing agent Apryll Van Pelt License #0669660

    Listing office Van Pelt Real Estate 808 SW 2nd Street, Tulia, TX

    Listing date Mar 5, 2026

    MLS# 26-23

    Copyright © 2026 Plainview Association Of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Historic storefront building built in 1920
    • Located on the Square in the heart of Tulia, TX

    Overview

    This for-sale storefront property is located at 110 S Maxwell Ave in Tulia, Texas. The building is described as a historic downtown location and is ready for a new owner, though it does need some work. The offering is positioned as a flexible ground-up or refresh opportunity for a tenant-facing retail use, depending on how the next owner plans the improvements.

    The property sits on a small lot measuring 0.08 acres, suitable for owners who want a downtown retail presence. Based on the seller’s remarks, it is set “on the Square,” placing it in the heart of Tulia’s central business area.

    For buyers looking for an in-town storefront with character and the ability to tailor finishes to their business concept, this property can be a practical starting point. Because the building requires some repairs, prospective owners should plan for renovation scope when evaluating timelines and budgets for occupancy or resale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • The Wild Ivy — 115 W Broadway Ave B, Tulia, TX 79088
    • Tule Creek Floral — 215 SW 2nd St, Tulia, TX 79088
    • Nicole's Corner — 147 E Broadway Ave, Tulia, TX 79088

    Location Insight

    • Map
    • Local Demand
    City
    Tulia
    County
    Swisher
    State
    Texas
    Longitude
    -101.764755
    Latitude
    34.536835

    Nearby Similar for Sale

    • $2,750,000

      Former Shopko Warehouse with Drive-Up Window

      Warehouse building with central air/heat, security and fire systems, and a drive-up window for efficient loading and operations.
      908 NW 6th St, Tulia, TX 79088
      View Details
    • $190,000
      3,144 SF

      Turnkey Mexican Restaurant Property

      For sale turnkey restaurant with all operating property included and 22 dedicated parking spaces.
      130 N Maxwell Avenue, Tulia, TX 79088
      View Details
    • $299,000

      12-Room Inn with Parking

      Well-maintained 12-room inn with manager quarters, office, cellar, and on-site parking on 1.58 acres.
      912 US 87, Tulia, TX 79088
      View Details
    • $1,799,000
      37,990 SF

      Cash-Flowing Rental Property Package Deal

      High-demand rental property with immediate cash flow and strong ROI.
      33 Package Property, Tulia, TX 79088
      View Details
    • $99,995
      2,238 SF

      Two Homes on One Lot

      Two houses on one lot, ideal for investors.
      210 N Floyd Avenue, Tulia, TX 79088
      View Details
    • $45,000
      6,178 SF

      Value-Add Triplex in Tulia, TX

      Mixed-use triplex with retail space and two apartments.
      305 W Broadway Ave, Tulia, TX 79088
      View Details
    • $950,000
      185,000 SF

      Tulia Industrial Storage and Elevators

      185,000 SF of warehouse space and grain elevators.
      1202 Northwest 5th Street, Tulia, TX
      View Details
    • $395,000
      38,400 SF

      Tulia Warehouse and Grain Elevator

      38,400 SF warehouse and grain elevator in Tulia, TX.
      130 Hillcrest Road, Tulia, TX
      View Details
    • $3,500,000
      714,000 SF

      Tulia Industrial Storage and Land

      714,000 SF storage, grain elevators, and 73 acres.
      1200 SW 2nd St, Tulia, TX
      View Details
    • Contact for pricing
      40,000 SF

      Tulia Industrial Storage and Elevators

      Large industrial storage and grain elevators in Tulia, Texas.
      Tulia, TX 79088, Tulia, TX
      View Details

    FAQs

    What type of property is this?
    Storefront property - Downtown Tulia storefront offered for sale, with new ownership options and some needed improvements.
    Where is this storefront property located?
    The property is located at 110 S Maxwell Ave Tulia, TX.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: Historic storefront building built in 1920; Located on the Square in the heart of Tulia, TX
    (806) 627-7789
    We can help!
    Listing Contact
    Apryll Van Pelt
    Apryll Van Pelt
    Real Estate License ID: 0669660
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    110 S Maxwell Ave, Tulia, TX 79088
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!