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    Commercial Flex Space with Workshop Title is generated by Realmo AI

    6597 Farm Road 1500, Sumner, TX 75486

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    Claim this Listing
    For Sale
    $149,900

    COMMERCIAL - Sumner, TX

    Lot size:
    2.00 Acres
    Added:
    Feb 4, 2026
    Days on Market:
    119
    Last Refresh:
    Jun 3 at 11:06 am

    Property Features for 6597 Farm Road 1500

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Driveway
    Standard status
    Active
    APN
    103706
    Lot size
    2.00 Acres

    Taxes and HOA fees

    Tax Description
    A78 A BAKER SURVEY, TRACT 30-B, ACRES 2.0
    Tax Annual Amount
    1583

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2006
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Vinyl
    Building materials
    MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Trista Hill

    Listing agent Trista Hill License #0833223

    Listing office Century 21 Harvey Properties Bonham, TX

    Listing date Feb 4, 2026

    MLS# 21168813

    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

    • Commercial property just feet from the Lamar Point entry of Pat Mayes Lake
    • Built in 2006 with metal siding exterior and a metal roof
    • Interior features include vinyl flooring with central heating and central air
    • Includes kitchen area, main shopping area, several rooms, and a workshop area (no appliances)
    • Parking available via driveway
    • Septic tank sewer system

    Overview

    This commercial flex space offers a versatile interior configuration designed to support multiple business needs. The layout includes a kitchen area, a main shopping area, several additional rooms, and a dedicated workshop area. The kitchen is available but is noted as having no appliances, allowing an operator to customize equipment and setup to their business requirements.

    The property sits just feet from the Lamar Point entry of Pat Mayes Lake, giving it a convenient connection to the recreation area. The offering includes approximately 2 acres, providing room for operational needs on site.

    For buyers evaluating an investment, the property’s mix of shopping area, back rooms, and workshop space can support a range of service or retail-oriented concepts. For an owner-operator, the combination of flexible interior space and on-site yard acreage can help accommodate day-to-day operations while keeping the layout adaptable. Overall, it’s a practical purchase for those seeking a commercial property with multiple functional zones.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Car Rental Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Sumner
    County
    Lamar
    State
    Texas
    Longitude
    -95.635056
    Latitude
    33.75966

    Nearby Similar for Sale

    • $149,900
      2,436 SF

      Commercial Property Near Pat Mayes

      Commercial property near Pat Mayes Lake, suitable for investment/business.
      6597 Farm Road 1500, Sumner, TX 75486
      View Details
    • $5,999,900
      4,620 SF

      Sumner Ranch with Lake and Timber

      292-acre ranch featuring a lake, timber, and cattle pens.
      1450 County Road 36330, Sumner, TX 75486
      View Details

    FAQs

    What type of property is this?
    Flex space - Flexible commercial layout with kitchen area, main shopping space, and workshop rooming—ideal for personal use or rental investment.
    Where is this flex space located?
    The property is located at 6597 Farm Road 1500 Sumner, TX.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: Commercial property just feet from the Lamar Point entry of Pat Mayes Lake; Built in 2006 with metal siding exterior and a metal roof; Interior features include vinyl flooring with central heating and central air
    (903) 583-3188
    We can help!
    Listing Contact
    Trista Hill
    Real Estate License ID: 0833223
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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.

    More about this property
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