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    13528 Sh 149 Tatum, TX 75691

    For Sale
    $249,000

    1.89 Acres, 2738 sq ft Building, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial property in Tatum, Texas, presents a unique investment opportunity. Located on SH 149, just before the city limits, this 1.89-acre lot boasts 347.69 feet of road frontage, ensuring high visibility and accessibility. The property is situated within the Rusk County zoning district. A substantial 2,738 square foot brick building is included, previously utilized as a Masonic lodge. The building's interior comprises a kitchen/dining area and a large open room, offering versatile space adaptable to various commercial uses. The existing structure could easily be repurposed for retail, office, or even residential conversion, subject to necessary permits and approvals. The property's prime location and substantial size offer significant potential for future development and growth. This is an excellent opportunity to acquire a well-positioned property with a solid existing structure, ready for its next chapter. The asking price is $249,000. Don't miss this chance to capitalize on this promising investment.

    Property Features for 13528 Sh 149

    General Information

    Property type
    Distribution properties

    HighLights

    • $249,000 asking price.
    • Industrial land with a 2,738 sq ft brick building.
    • Located in Tatum, TX, on SH 149, within Rusk County zoning district.
    • 1.89‑acre lot with 347.69 feet of road frontage.
    • Former Masonic lodge; adaptable for commercial retail or residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Tatum
    County
    Rusk
    State
    Texas
    Longitude
    -94.5387125
    Latitude
    32.3283209

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    FAQs

    What type of property is this?
    Distribution property - 1.89 Acres, 2738 sq ft Building, High Potential
    Where is this distribution property located?
    The property is located at 13528 Sh 149 Tatum, TX.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: $249,000 asking price.; Industrial land with a 2,738 sq ft brick building.; Located in Tatum, TX, on SH 149, within Rusk County zoning district.
    Request Owner's contact information
    13528 Sh 149 Tatum, TX 75691
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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
    13528 Sh 149 Tatum, TX 75691
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