Add Listing
    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

    1501 McCowen St Snyder, TX 79549

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $330,000

    Move-in ready office and shop in Snyder Industrial Park.

    Type:Industrial
    Property size:
    6,000 SF
    Added:
    May 31, 2021
    Days on Market:
    1790
    Last Refresh:
    Apr 1 at 8:35 pm

    Property Features for 1501 McCowen St

    General Information

    Standard status
    Active
    Size
    6,000 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2013

    We can help!

    Listing Contact
    Cathy Reed

    Listing agent Cathy Reed

    Listing office Texas Hometown Real Estate Co.

    Listing date May 31, 2021

    Source Xome

    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 Texas Hometown Real Estate Co.

    Overview

    Office and Shop in Snyder

    Located in Snyder Industrial Park, this 6,000 sq. ft. building features both office and shop space. The office area includes two private offices, a common area, a kitchenette, and a bathroom. The shop area features 20' ceilings and two 16' overhead doors, along with a second bathroom. The property is described as move-in ready.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Clariant Industrial Manufacturer

    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
    Snyder
    County
    Scurry
    State
    Texas
    Longitude
    -100.834
    Latitude
    33.0123

    Nearby Similar for Sale

    • $150,000
      5,500 SF

      Commercial Building on Corner Lot

      Spacious commercial building with high visibility and ample parking.
      904 26th St, Snyder, TX 79549
      View Details
    • $750,000
      12,169 SF

      Snyder Commercial Building For Sale

      Large multi-use commercial building in Snyder, Texas.
      1615 26th, Snyder, TX 79549
      View Details
    • $140,000

      Snyder Square Corner Building

      Updated corner building suitable for office or retail use.
      1824 26th, Snyder, TX 79549
      View Details
    • $375,000
      3,000 SF

      Commercial Property in Snyder, Texas

      Commercial property for sale in Snyder, Texas, with living quarters.
      307 N College Ave, Snyder, TX 79549
      View Details
    • $340,000
      1,727 SF

      Retail Property on Highway Corner

      Retail space with highway access and ample floor space.
      1105 E Highway 180, Snyder, TX 79549
      View Details
    • $325,000
      785,822 SF

      Hillside Memorial Gardens Business Opportunity

      Turnkey memorial gardens and monument business with significant growth potential.
      2834 S Hwy 208, Snyder, TX 79549
      View Details
    • $400,000
      11,931 SF

      Commercial Property on College Ave

      Commercial property for sale in a prime location.
      3607 College Ave, Snyder, TX 79549
      View Details
    • $259,000
      6,699 SF

      Snyder Multifamily Income Property

      Four residential units with income potential on a high-traffic highway.
      126 Coliseum Dr unit: 1-4, Snyder, TX 79549
      View Details
    • $215,000
      13,901 SF

      Snyder, TX Property For Sale

      Property in Snyder, TX, with 1.03-acre lot.
      2310 College Ave, Snyder, TX 79549
      View Details
    • $159,000
      1,120 SF

      Commercial Building on College Avenue

      Commercial building with high traffic exposure, suitable for retail.
      3311 College Ave unit: 1, Snyder, TX 79549
      View Details
    • $159,900

      Office Building in High Traffic Area

      Office building with high visibility and ample parking for sale.
      1709 E Colisum Drive, Snyder, TX 79549
      View Details
    • $198,900
      3,645 SF

      Retail Space in Prime Location

      Retail space with high traffic and parking in Snyder, TX.
      3711 College Ave, Snyder, TX 79549
      View Details

    FAQs

    What type of property is this?
    Flex space - Move-in ready office and shop in Snyder Industrial Park.
    Where is this flex space located?
    The property is located at 1501 McCowen St Snyder, TX.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: 6,000 sq. ft. office and shop in Snyder Industrial Park; Move‑in ready condition; Shop with **20' ceilings** and **two 16' overhead doors**
    (325) 573-8505
    We can help!
    Listing Contact
    Cathy Reed
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!