Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Busy Plaza Title is generated by Realmo AI

    468 Shannon Road W, Sulphur Springs, TX 75482

    View on Map
    Claim this Listing
    For Lease
    $1,000/Mo $10 SF/Yr (calc)

    COMMERCIAL - Sulphur Springs, TX

    Property size:
    1,130 SF
    Lot size:
    2.03 Acres
    Added:
    Aug 15, 2025
    Days on Market:
    296
    Last Refresh:
    Jun 6 at 12:06 pm

    Property Features for 468 Shannon Road W

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    R000007574
    Lot size
    2.03 Acres

    Taxes and HOA fees

    Tax Description
    ACRES: 2.033 LOT: 10 & 17 BLK: 218 1 TOWN: SU

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    2003
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Carpet

    We can help!

    Listing Contact
    Joe Mack Gober

    Listing agent Joe Mack Gober License #0602286

    Listing office Freedom Realty Sulphur Springs, TX

    Listing date Aug 15, 2025

    MLS# 21032344

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approx. 1,130 SF commercial space in a busy plaza just off I‑130
    • Built in 2003
    • Public water and public sewer service
    • Parking lot parking

    Overview

    This approximately 1,130-square-foot commercial space is positioned within a busy retail plaza, offering a practical footprint for a variety of retail-oriented operations. The layout is designed to support day-to-day customer access and in-plaza visibility, making it a straightforward option for an incoming tenant looking to establish or expand their presence.

    Located at 468 Shannon Road W in Sulphur Springs, the property benefits from proximity to I-130 and the steady flow of activity typically associated with a well-trafficked shopping environment. Being “just off” the interstate helps improve accessibility for customers traveling through the area while keeping the space within a retail context.

    From a tenant perspective, this size and setting are well suited for concepts that rely on walk-in traffic and storefront presence. Whether you are planning a new location or relocating within the market, the in-plaza configuration and interstate-adjacent access provide a commercially sensible foundation for retail use. Brokers and prospects should review the space to confirm layout fit for their specific merchandising, service, or customer-facing requirements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stefani's Hair Studio Hair Salon The Chanler Salons Hair Salon Venus Nails Nail Salon Champion Esthetics Hair Salon 2nd Amendment Fitness ... Alternative Medicine Practice

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sulphur Springs
    County
    Hopkins
    State
    Texas
    Longitude
    -95.600422
    Latitude
    33.115872

    Nearby Similar for Lease

    • $900/Mo
      8,378 SF

      Two Conference Room Office Suites

      Two professional conference room spaces in a well-maintained office building with on-site parking and utilities included.
      903 Interstate Highway 30 E, Sulphur Springs, TX 75482
      View Details
    • $1,400/Mo

      Versatile Retail/Office Suite

      Flexible suite on a busy, well-traveled corridor with parking and adaptable space for service, office, or retail use.
      200 Shannon Road W, Sulphur Springs, TX 75482
      View Details
    • $2,100/Mo

      Multi-Tenant Office Suite with Reception

      Turnkey office suite with reception, four offices, and shared parking along an I-30 service road.
      200 Shannon Road W, Sulphur Springs, TX 75482
      View Details
    • $550/Mo

      Fully Furnished Office Suite

      Lease private, fully furnished office suites with on-site parking and utilities included, plus optional conference room space.
      903 Interstate Highway 30 E, Sulphur Springs, TX 75482
      View Details
    • $2,100/Mo
      1,680 SF

      Sulphur Springs Commercial Space For Lease

      1,680 sq ft commercial space in Sulphur Springs, TX.
      200 Shannon Road W, Sulphur Springs, TX 75482
      View Details
    • $1,600/Mo
      1,474 SF

      Remodeled Storefront in High-Traffic Center

      Versatile 1,474 sq ft commercial space for lease.
      400 Gilmer Street, Sulphur Springs, TX 75482
      View Details
    • $1,500/Mo
      750 SF

      Retail/Office Space For Lease

      750 SF retail/office space in high-traffic area.
      200 Shannon Road W #206, Sulphur Springs, TX 75482
      View Details
    • $1,100/Mo
      841 SF

      Sulphur Springs Office Space Available

      Office unit for rent in Sulphur Springs, Texas.
      1325 E Shannon Road E #B, Sulphur Springs, TX 75482
      View Details
    • $10 SF/Yr
      3,114 SF

      Retail Space in Sulphur Springs

      Retail property available for lease in Sulphur Springs, TX.
      1123-1185 S Broadway St , Sulphur Springs, TX
      View Details
    • $19 SF/Yr

      Sulphur Springs Retail Sublet Opportunity

      In-line retail space in a vibrant commercial area.
      1707 S Broadway St, Sulphur Springs, TX 75482
      View Details
    • $10 SF/Yr

      Retail Space in Established Center

      Retail space available in Sulphur Springs shopping center.
      1185 S Broadway St, Sulphur Springs, TX 75482
      View Details

    FAQs

    What type of property is this?
    Retail space - Well-situated retail suite just off I-130, ideal for growing businesses in a high-visibility shopping setting.
    Where is this retail space located?
    The property is located at 468 Shannon Road W Sulphur Springs, TX.
    What is the lease rate?
    The lease rate is $1,000 /Mo.
    What are key features of this property?
    This property features: Approx. 1,130 SF commercial space in a busy plaza just off I‑130; Built in 2003; Public water and public sewer service
    (903) 348-5836
    We can help!
    Listing Contact
    Joe Mack Gober
    Real Estate License ID: 0602286
    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

    Thank You for Inquiry
    468 Shannon Road W, Sulphur Springs, TX 75482
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!