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    225 9Th St Slaton, TX 79364

    For Sale
    $120,000

    Live/Work Space, Huge Potential

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This unique Slaton, Texas mixed-use property, located at 225 S 9th St (legal address), offers a compelling investment opportunity. Priced at $120,000, this 1,500-2,400 square foot building sits on a 7,000 square foot lot and boasts a fascinating history as a former hat factory and rental space. The interior features a former one-bedroom layout, a half bath with a separate shower, a kitchen, dining room, and living room, making it ideal for live-work arrangements. An additional 900 square feet of workshop/storage space adds significant versatility. The property's unique character and ample space make it perfect for a craftsperson or entrepreneur seeking a blend of living and working space. Note that the address may also appear as 227 S 9th St on the building itself. A virtual tour is available online. This property is being sold separately from an adjacent larger property at 215 S 9th St, Slaton, TX 79364, which is also available for purchase. The adjacent property offers 9,439 square feet of above-grade space, including a 700 square foot attached garage with a 400 square foot storage loft. This adjacent property is listed separately at $285,000 and offers a variety of potential uses, including event venue, art studio, gallery, office, retail, restaurant, antique store, or live/work space. A virtual tour is also available for this adjacent property.

    Property Features for 225 9Th St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,500 SF

    HighLights

    • $120,000 asking price for a mixed‑use property in Slaton, TX.
    • 1,500‑2,400 square feet, including living space, workshop, and storage.
    • 7,000 square foot lot.
    • Located at 225 S 9th St, Slaton, TX 79364 (also known as 227 S 9th St).
    • Features a former one‑bedroom layout, half bath, kitchen, dining room, and living room.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Slaton
    County
    Lubbock
    State
    Texas
    Longitude
    -101.6439501
    Latitude
    33.4363806

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    FAQs

    What type of property is this?
    Mixed-use property - Live/Work Space, Huge Potential
    Where is this mixed-use property located?
    The property is located at 225 9Th St Slaton, TX.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: $120,000 asking price for a mixed-use property in Slaton, TX.; 1,500-2,400 square feet, including living space, workshop, and storage.; 7,000 square foot lot.
    (806) 319-0670
    Request Owner's contact information
    225 9Th St Slaton, TX 79364
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    Slaton, TX 79364
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    Realmo Value Estimation

    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.

    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.

    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
    225 9Th St Slaton, TX 79364
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