Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Remodeled Office Suite on Main Road Title is generated by Realmo AI

    113 E Goode Street, Quitman, TX 75783

    View on Map
    Claim this Listing
    New
    For Lease
    $1,600/Mo $10 SF/Yr (calc)

    Move-in-ready office space with reception, conference room, and central HVAC in a commercially zoned, high-access setting.

    Property size:
    1,913 SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 5 at 2:34 am

    Property Features for 113 E Goode Street

    General Information

    Standard status
    Active
    Size
    1,913 SF

    Building Details

    Year Built
    9999

    We can help!

    Listing Contact
    Lisa Goodbrake
    Lisa Goodbrake

    Listing agent Lisa Goodbrake License #0626150

    Listing office Promised Land Group, LLC

    Listing date Jun 3, 2026

    Source Signaturere

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Promised Land Group, LLC

    HighLights

    • Completely remodeled commercial building with 1,900+ sq ft of flexible space for retail, medical, or professional office use
    • Includes reception area, large open area, and conference room with central HVAC
    • Kitchenette, break room, and private restroom
    • High‑speed internet access plus security system
    • Commercial/professional zoning and move‑in ready with updated flooring and fresh paint
    • Ample parking for staff and clients; located on the main road across from City Hall in Quitman

    Overview

    This completely remodeled commercial building offers flexible office space with a modern layout that includes a large open area, a reception area, and a conference room. The suite is equipped with high-speed internet access, central HVAC, and a security system, along with a kitchenette, break room, and private restroom. Updated flooring and fresh paint support an easy move-in for a professional tenant.

    The building is located on the main road at 113 E Goode Street in Quitman, TX, directly across from City Hall. The property is described as being in a high-traffic, easily accessible area with ample parking for both staff and clients.

    Zoned for commercial professional use, the space is presented as a practical fit for tenants seeking a ready-to-operate office environment, including those looking to support client meetings and team collaboration. The combination of reception and conference space, plus on-site support amenities such as a kitchenette and private restroom, can help streamline day-to-day operations for a range of professional services or related office users.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Quitman
    County
    Wood
    State
    Texas
    Longitude
    -95.449737
    Latitude
    32.795871

    Nearby Similar for Lease

    • $1,600/Mo

      Remodeled Commercial Building for Tenants

      Move-in ready, fully remodeled space with reception, conference room, and central HVAC, suited for professional use.
      113 E Goode Street, Quitman, TX 75783
      View Details
    • $1,200/Mo
      1,800 SF

      Secure RV and Boat Storage Building

      Move-in ready steel storage building with high-clearance space for RVs, boats, classic cars, and contractor equipment.
      5597 TBD Fm 182 Parkway, Quitman, TX 75783
      View Details

    FAQs

    What type of property is this?
    Office units - Move-in-ready office space with reception, conference room, and central HVAC in a commercially zoned, high-access setting.
    Where is this office units located?
    The property is located at 113 E Goode Street Quitman, TX.
    What is the lease rate?
    The lease rate is $1,600 /Mo.
    What are key features of this property?
    This property features: Completely remodeled commercial building with 1,900+ sq ft of flexible space for retail, medical, or professional office use; Includes reception area, large open area, and conference room with central HVAC; Kitchenette, break room, and private restroom
    (214) 407-0203
    We can help!
    Listing Contact
    Lisa Goodbrake
    Lisa Goodbrake
    Real Estate License ID: 0626150
    Learn More
    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
    113 E Goode Street, Quitman, TX 75783
    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!