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    108 12Th St Shamrock, TX 79079

    For Sale
    $356,000

    Prime Route 66 Liquor Store, 4600 SF

    Property size:
    4,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail property, located at 108 E 12th St, Shamrock, TX 79079, presents a unique investment opportunity. Situated on Route 66, directly across from the historic U Drop Inn, this 4,600 square foot building benefits from high visibility and significant foot traffic from tourists traveling I-40 and Historic Route 66. The property's strategic location on the cusp of I-40 and Highway 83 offers unparalleled access and exposure. The building itself is a substantial structure, boasting a spacious drive-through for customer convenience. Furthermore, the inclusion of industrial-grade cooling rooms and freezers makes it ideally suited for a liquor store or a business specializing in frozen and/or chilled goods. The building's design and construction reflect a commitment to quality and luxury, representing a turnkey solution for a discerning entrepreneur. This is a rare chance to acquire a well-appointed commercial space in a high-traffic location with significant potential for growth within the thriving Texas Panhandle tourism sector. The asking price for this remarkable property is $356,000. Wheeler County location offers additional advantages.

    Property Features for 108 12Th St

    General Information

    Property type
    Retail properties
    Square Feet
    4,600 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Shamrock
    County
    Wheeler
    State
    Texas
    Longitude
    -100.2482216
    Latitude
    35.2261266

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    FAQs

    What type of property is this?
    Retail property - Prime Route 66 Liquor Store, 4600 SF
    Where is this retail property located?
    The property is located at 108 12Th St Shamrock, TX.
    What is the asking price?
    The asking price for this property is $356,000.
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    108 12Th St Shamrock, TX 79079
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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
    108 12Th St Shamrock, TX 79079
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