Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    835 Pine St Colorado City, TX 79512

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $58,000

    Move-in ready church with character, seeking new owners.

    Lot size:
    0.32 Acres

    Property Features for 835 Pine St

    General Information

    Standard status
    Active
    Lot size
    0.32 Acres

    We can help!

    Listing Contact
    Sherry DeLoera
    Source: Exprealty

    Listing Agency: DeLoera Realty, LLC Listing Agent: Sherry DeLoera

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

    Learn more

    Overview

    Well-Maintained House of Worship

    This well-maintained house of worship is available for purchase, offering a move-in ready space with character. The property is intended for use as a church.
    Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Colorado City
    County
    Mitchell
    State
    Texas
    Longitude
    -100.868847
    Latitude
    32.395609

    Nearby Similar for Sale

    • $195,000
      2,730 SF

      Renovated Downtown Colorado City Property

      Renovated commercial property in Colorado City's growing downtown district.
      123 W 2Nd St, Colorado City, TX 79512
      View Details
    • $329,000
      8,367 SF

      Former Church Building in Colorado

      Unique property with potential for various business ventures.
      444 Chestnut St, Colorado City, TX 79512
      View Details
    • New
      $150,000
      3,632 SF

      Iconic Restaurant Near Lake Colorado

      Turn-key restaurant opportunity near Lake Colorado City with high visibility.
      3310 Lcr 252, Colorado City, TX 79512
      View Details
    • $385,000
      10,250 SF

      Versatile Industrial Building on 1 Acre

      Industrial building with showroom, office, and shop space on 1 acre.
      2305 N State Highway 208, Colorado City, TX 79512
      View Details
    • $140,000
      2,168 SF

      Commercial Building with Quonset Hut

      Commercial building with long-term tenants and large Quonset hut.
      1032 Hickory St, Colorado City, TX 79512
      View Details
    • $49,500
      2,844 SF

      Retail Building in Colorado City

      Commercial building with 2800+ sq ft on busy street.
      1020 Hickory St, Colorado City, TX 79512
      View Details
    • $58,000
      1,552 SF

      House of Worship For Sale

      Well-maintained church property suitable for a new congregation.
      835 Pine St, Colorado City, TX 79512
      View Details
    • $149,900
      3,252 SF

      Former Restaurant Building For Sale

      Versatile 3,252 SF building on 0.428 acres near I-20.
      2215 Hickory St, Colorado City, TX 79512
      View Details
    • $35,000
      0.39 Acres

      RV Ready Lots For Sale

      Two adjacent RV ready lots totaling 0.39 acres.
      2353 Lcr 252, Colorado City, TX 79512
      View Details
    • $149,900

      Former Pizza Hut Building

      Versatile 3252 sq ft building on 0.428 acres.
      2215 Hickory St, Colorado City, TX 79512
      View Details
    • $1,750,000

      Colorado City Agricultural Property

      Agricultural property for sale in Colorado City, Texas.
      3108 County Road 125, Colorado City, TX 79512
      View Details
    • $1,150,000

      Colorado City Farm For Sale

      Farm and agricultural property available in Colorado City, Texas.
      3108 Crk 125, Colorado City, TX 79512
      View Details

    FAQs

    What type of property is this?
    Church & religious facility - Move-in ready church with character, seeking new owners.
    Where is this church & religious facility located?
    The property is located at 835 Pine St Colorado City, TX.
    What is the asking price?
    The asking price for this property is $58,000.
    What are key features of this property?
    This property features: - Move-in ready condition; - Well-maintained property; - Suited for use as a House of Worship
    (325) 574-5250
    Request Owner's contact information
    835 Pine St Colorado City, TX 79512
    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.
    835 Pine St
    Colorado City, TX 79512
    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
    835 Pine St Colorado City, TX 79512
    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

    We can help!
    Listing Contact
    Sherry DeLoera
    (325) 574-5250
    Learn more
    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.