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    300 S State Highway 101 Chico, TX 76431

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    For Sale
    $650,000

    Commercial property with retail spaces and storage units in Chico.

    Lot size:
    0.95 Acres

    Property Features for 300 S State Highway 101

    General Information

    Lot size
    0.95 Acres

    Building Details

    Year built
    1998

    Source: Tomie Fox Real Estate Group Agent Tomie Fox

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

    Overview

    Chico, Texas Retail and Storage

    Located off State Highway 101 in Chico, Texas, this corner-lot commercial property presents an investment opportunity with both retail and storage income potential. The property features a secured gate-access storage facility behind the retail frontage, including 13 5x10 units, 42 10x10 units, and 32 10x15 units. Each storage unit has 8- to 10-foot ceilings and easy access for tenants. In front, there are four retail lease spaces suitable for local businesses or service providers seeking highway exposure. The property offers multiple revenue streams and long-term growth potential.
    Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Nail Salon Gym & Fitness Pharmacy Food Market Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Wise
    State
    Texas
    Longitude
    -97.797506
    Latitude
    33.285935

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    FAQs

    What type of property is this?
    Strip mall - Commercial property with retail spaces and storage units in Chico.
    Where is this strip mall located?
    The property is located at 300 S State Highway 101 Chico, TX.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Prime corner-lot location off State Highway 101 in Chico, Texas, offering high visibility.; - Multiple revenue streams from four retail lease spaces and a secured gate-access storage facility.; - Storage facility includes 13 (5x10), 42 (10x10), and 32 (10x15) units with 8- to 10-foot ceilings.
    Request Owner's contact information
    300 S State Highway 101 Chico, TX 76431
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    Chico, TX 76431
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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
    300 S State Highway 101 Chico, TX 76431
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