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    Retail Storefront Parcel Pair Title is generated by Realmo AI

    300 W Hinnant Street, Sulphur Springs, TX 75482

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    For Sale
    $389,000

    Two parcels sold together, with commercial zoning on one site, offering flexibility for retail and related uses.

    Type:Commercial
    Property size:
    1,800 SF
    Price / SF:
    $216/SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 5 at 1:47 am

    Property Features for 300 W Hinnant Street

    General Information

    Standard status
    Active
    Size
    1,800 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    9999

    We can help!

    Listing Contact
    Jana Dodd
    Jana Dodd

    Listing agent Jana Dodd License #0573252

    Listing office Dodd Realty

    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 Dodd Realty

    HighLights

    • 208 Texas Street and 300 Hinnant Street sold together as two parcels.
    • 300 Hinnant Street is zoned commercial.
    • 208 Texas Street is zoned residential.
    • Walking distance to downtown Sulphur Springs and its amenities.

    Overview

    This sale includes two parcels being offered together: 208 Texas Street and 300 Hinnant Street. The property is presented as storefront and retail commercial real estate, with zoning differences that may support mixed business opportunities across the combined sites.

    300 Hinnant Street is zoned Commercial, while 208 Texas Street is zoned Residential. The public remarks indicate the combined property is within walking distance to downtown Sulphur Springs and the area’s amenities.

    For buyers and operators, the key practical value is the zoning mix across the two parcels. The Commercial zoning on 300 Hinnant Street may support business uses consistent with that classification, while 208 Texas Street’s Residential zoning may be relevant for compliant uses or redevelopment planning depending on the buyer’s intended concept. Because the parcels are sold together, this offering may appeal to tenants, buyers, and investors looking to evaluate how a multi-parcel arrangement could support their operational or development strategy within the constraints of existing zoning.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    • Danna's and The Florist of Sulphur Springs — 438 Gilmer St, Sulphur Springs, TX 75482
    • April Showers II — 128 S Davis St, Sulphur Springs, TX 75482

    Location Insight

    • Map
    • Local Demand
    City
    Sulphur Springs
    County
    Hopkins
    State
    Texas
    Longitude
    -95.604701
    Latitude
    33.134381

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    FAQs

    What type of property is this?
    Storefront property - Two parcels sold together, with commercial zoning on one site, offering flexibility for retail and related uses.
    Where is this storefront property located?
    The property is located at 300 W Hinnant Street Sulphur Springs, TX.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: 208 Texas Street and 300 Hinnant Street sold together as two parcels.; 300 Hinnant Street is zoned commercial.; 208 Texas Street is zoned residential.
    (903) 348-6060
    We can help!
    Listing Contact
    Jana Dodd
    Jana Dodd
    Real Estate License ID: 0573252
    Learn More
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    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.

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