Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    118-124 W Frank St Grand Saline, TX 75140

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $400,000

    Commercial building with vacant lot in Grand Saline's historic downtown.

    Property size:
    7,550 SF
    Lot size:
    0.29 Acres

    Property Features for 118-124 W Frank St

    General Information

    Size
    7,550 SF
    Lot size
    0.29 Acres

    Source: Drake Real Estate & Investments Agent Brent Bradberry

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

    Overview

    Grand Saline Commercial Building For Sale

    Located in the heart of Grand Saline’s historic downtown, this commercial building is available for purchase, along with an adjacent vacant lot. The 7,550-square-foot building is divided into three leased suites. The property is suitable for retail, office, or mixed-use development. The location offers visibility and foot traffic. The building is fully leased and includes a 0.1-acre lot. Currently, the suites are occupied by Cristo Mi Refugio (church) and Texas Quality Furniture. Traffic data indicates 4,449 vehicles per day (TxDOT '23). Brookshires receives approximately 403,000 visits per year, according to Placer.ai.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Saline
    County
    Van Zandt
    State
    Texas
    Longitude
    -95.709102
    Latitude
    32.673457

    Nearby Similar for Sale

    • $2,499,999
      3,604 SF

      156-Acre Ranch with Estate Home

      Luxury ranch with estate home, secondary residence, and working facilities.
      9208 Fm 17, Grand Saline, TX 75140
      View Details
    • $1,600,000
      3,604 SF

      Grand Saline Ranch with Estate

      74.92-acre ranch featuring a luxury estate home and ranch facilities.
      9208 Acres, Grand Saline, TX 75140
      View Details
    • $435,000
      0.64 Acres

      Turnkey Triplex in Grand Saline

      Income-producing triplex with recent renovations and potential for rent increases.
      510 Bradburn Rd, Grand Saline, TX 75140
      View Details
    • New
      $2,400,000
      42.00 Acres

      Turnkey Event Venue on 42 Acres

      Thriving event venue near Dallas with lodging and expansion potential.
      1972 Fm 857, Grand Saline, TX 75140
      View Details
    • $225,000
      1.05 Acres

      Versatile Building in Grand Saline

      Adaptable building suitable for residential or commercial use.
      1500 N Spring St, Grand Saline, TX 75140
      View Details
    • $385,000
      2,179 SF

      Grand Saline Investment Opportunity

      Four move-in ready cottages on 3.8 acres near Canton.
      3403 Vz County Road 1110, Grand Saline, TX 75140
      View Details

    FAQs

    What type of property is this?
    Retail space - Commercial building with vacant lot in Grand Saline's historic downtown.
    Where is this retail space located?
    The property is located at 118-124 W Frank St Grand Saline, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Fully leased 7,550 SF building with three retail suites, providing immediate income.; - High visibility and foot traffic in the heart of Grand Saline's historic downtown.; - Adjacent 0.1 acre vacant lot included, suitable for development.
    (903) 571-8014
    Request Owner's contact information
    118-124 W Frank St Grand Saline, TX 75140
    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.
    118-124 W Frank St
    Grand Saline, TX 75140
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    118-124 W Frank St Grand Saline, TX 75140
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.