Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    201 Main St Cumby, TX 75433

    Sponsored
    For Sale
    $275,000

    Charming Cumby, TX commercial space.

    Property size:
    1,524 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    410
    Own a piece of history! This 1,524 square foot, two-story building, originally constructed in 1900, is located at 201 W Main St, Cumby, TX 75433. Currently zoned for light commercial use, this property offers versatile options for a variety of businesses, including a coffee shop, bookstore, boutique, or even a bed and breakfast (subject to city approval). The building boasts original pressed-tin ceilings, exposed brick, and wood floors, creating a unique and inviting atmosphere. The open floor plan offers flexibility for customization. The ground floor features a living room, bedroom, sitting area, kitchen, bathroom, and patio, ideal for intimate gatherings. Upstairs, a loft space includes an ensuite bathroom and walk-in closet. The downstairs living areas are free-standing, preserving the original ceiling height and floor plan. Situated on a 0.04-acre lot, this property is conveniently located in the heart of Cumby, just 10 minutes from Commerce and 15 minutes from Sulphur Springs, approximately an hour east of Dallas. The asking price is $275,000, translating to $180.45 per square foot. This unique property presents a rare opportunity to own a piece of East Texas history and establish a thriving business or create a unique live-work space. The property is suitable for owner-users.

    Property Features for 201 Main St

    General Information

    Property type
    Office space
    Square Feet
    1,524 SF
    Lot Size
    1,742 SF

    Building Details

    Year Built
    1900
    Stories
    2
    Units
    1

    We can help!

    Listing Contact
    Janet Martin
    Janet Martin

    Learn more

    HighLights

    • Historic 1,524 sq ft, two‑story building in Cumby, TX.
    • Light commercial zoning allows for diverse business uses (subject to city approval).
    • Features original pressed‑tin ceilings, exposed brick, and wood floors.
    • Open floor plan offers customization flexibility; ground floor includes living room, bedroom, kitchen, bathroom, and patio; upstairs loft has ensuite bath and walk‑in closet.
    • 0.04‑acre lot; 10 minutes from Commerce, 15 minutes from Sulphur Springs, ~1 hour east of Dallas.
    • $275,000 asking price ($180.45/sq ft).
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Building Supply Wholesale Shop Department Store Hotel & Motel Kitchen & Bath Auto Parts Store Convenience Store Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumby
    County
    Hopkins
    State
    Texas
    Longitude
    -95.840882355069
    Latitude
    33.137532219978

    Nearby Comparable

    • $249,900
      1,524 SF

      Updated Historical Building in Cumby

      Updated historical building in downtown Cumby, suitable for office or retail.
      201 W Main St St, Cumby, TX 75433
      View Details
    • $1,339,000

      175 Acre Working Ranch

      175-acre ranch, 90 minutes from DFW, fenced and cross-fenced.
      288 Co Rd, Cumby, TX
      View Details
    • Contact for pricing

      Special Events Center For Sale

      5,397 SF Special Events Center on 6.789 Acres
      200 W I-30 Frontage Rd, Cumby, TX
      View Details
    • Contact for pricing

      33.187 Acres in Cumby, TX

      33.187-acre tract outside Cumby, TX with 1,501 feet frontage.
      3499 Co Rd, Cumby, TX
      View Details
    • $1,425,000
      7,709 SF

      Mechanic Shop with Residence

      Industrial/Commercial property featuring a mechanic shop and single-family residence.
      11468 Black Jack Rd, Cumby, TX
      View Details
    • $150,000

      Commercial Land on Main Street

      Commercial land available on Main Street in Cumby, Texas.
      102 E Main St, Cumby, TX 75433
      View Details
    • $459,000
      0.83 Acres

      Commercial Property Near Interstate 30

      Versatile 2,460 SF commercial building with high-traffic visibility.
      Cumby, TX 75433
      View Details

    Nearby Similar for Sale

    • $1,500,000
      1,548 SF

      Move-In Ready 68-Acre Farm

      68-acre farm with modern comforts, ready for livestock.
      1008 County Road 4133, Cumby, TX 75433
      View Details
    • $1,487,500
      175.00 Acres

      Secluded Ranch Retreat with New Pond

      175-acre ranch with new pond, fencing, and utilities in place.
      Tbd Cr 1148, Cumby, TX 75433
      View Details
    • $599,000
      2,160 SF

      Cumby Ranch with Cross-Fenced Pastures

      21.5 acre ranch featuring a single-story brick home.
      1972 Fm 3134, Cumby, TX 75433
      View Details
    • $249,900
      1,524 SF

      Updated Historical Building in Cumby

      Updated historical building in downtown Cumby, suitable for office or retail.
      201 W Main St St, Cumby, TX 75433
      View Details
    • $775,000
      4,350 SF

      Spacious Farmhouse on 14 Acres

      Custom 5-bedroom home on 14 acres near EastTexas A&M.
      347 County Road 4736, Cumby, TX 75433
      View Details
    • $459,000
      0.83 Acres

      Commercial Property Near Interstate 30

      Versatile 2,460 SF commercial building with high-traffic visibility.
      Cumby, TX 75433
      View Details
    • $2,523,000

      174-Acre Ranch Near Dallas Metroplex

      Private ranch with lake, creek, meadows, and woods near Dallas.
      0000 Fm 2653, Cumby, TX 75433
      View Details
    • $1,425,000
      7,709 SF

      Mechanic Shop with Residence

      Industrial/Commercial property featuring a mechanic shop and single-family residence.
      11468 Black Jack Rd, Cumby, TX
      View Details
    • Contact for pricing

      Special Events Center For Sale

      5,397 SF Special Events Center on 6.789 Acres
      200 W I-30 Frontage Rd, Cumby, TX
      View Details
    • $431,500
      33.19 Acres

      Cumby, TX Land - 33 Acres

      Prime 33-acre tract, high visibility, I-30 access.
      Fm-275, Cumby, TX 75433
      View Details

    FAQs

    What type of property is this?
    Office space - Charming Cumby, TX commercial space.
    Where is this office space located?
    The property is located at 201 Main St Cumby, TX.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Historic 1,524 sq ft, two-story building in Cumby, TX.; Light commercial zoning allows for diverse business uses (subject to city approval).; Features original pressed-tin ceilings, exposed brick, and wood floors.
    Request Owner's contact information
    201 Main St Cumby, TX 75433
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    201 Main St
    Cumby, TX 75433
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    201 Main St Cumby, TX 75433
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Janet Martin
    Janet Martin
    Real Estate License ID: 0479952
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.