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    1500 Tx Hwy 59 Bowie, TX 76230

    For Lease
    $8 SF/Yr ($18,426 /Mo)

    High-traffic Bowie retail space available

    Lot size:
    27,640 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Bowie Plaza, a single-story, 27,640 square foot retail center, presents a prime opportunity in Bowie, TX. This multi-tenant property, built in 1975, sits on a prominent 3.916-acre corner lot at the intersection of TX HWY 59N and Lovers Lane, benefiting from exceptional visibility and accessibility. The building comprises nine suites, with one currently vacant, offering 900 square feet of readily available space. The property enjoys a strategic location within Bowie's thriving retail corridor, surrounded by strong anchors including Brookshires Grocery, Tractor Supply, Dollar General, Anytime Fitness, and CVS Pharmacy, ensuring high foot traffic and consumer visibility. The property's APN is R000001831 and is located in Montague County. While the provided square footage and pricing are approximate and subject to verification, this presents a compelling investment opportunity for businesses seeking a well-positioned retail space in a bustling commercial area. The property's single-story design and ample parking further enhance its appeal. All information is deemed reliable but is subject to change and negotiation.

    Property Features for 1500 Tx Hwy 59

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,640 SF
    Total Rate
    18426.67

    Building Details

    Year Built
    1975
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    1520
    Size
    900 SF
    Rate per SF
    $8

    HighLights

    • Retail property totaling 27,640 square feet.
    • Nine suites in a single, one‑story building on a 3.916‑acre lot.
    • 900 square feet of vacant space currently available.
    • Located at the hard corner of TX Hwy 59N and Lovers Lane in Bowie, TX.
    • Built in 1975.
    • Strong retail location with nearby Brookshires, Tractor Supply, Dollar General, Anytime Fitness, and CVS.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bowie
    County
    Montague
    State
    Texas
    Longitude
    -97.835807138884
    Latitude
    33.567881289407

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    FAQs

    What type of property is this?
    Retail property - High-traffic Bowie retail space available
    Where is this retail property located?
    The property is located at 1500 Tx Hwy 59 Bowie, TX.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 27,640 square feet.; Nine suites in a single, one-story building on a 3.916-acre lot.; 900 square feet of vacant space currently available.
    Request Owner's contact information
    1500 Tx Hwy 59 Bowie, TX 76230
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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
    1500 Tx Hwy 59 Bowie, TX 76230
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