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    691 Hill St Tatum, TX 75691

    For Sale
    $550,000

    6,000 SF Retail Space, High Traffic Area

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A storefront property, built in 2005, offers 6,000 square feet of retail space situated on a 0.55-acre lot in the heart of Tatum, Texas. The building boasts 4,800 square feet of main retail space, complemented by a 1,200 square foot enclosed shop building and a 1,200 square foot attached covered storage area, providing ample space for inventory and operations. The retail area includes a convenient office and breakroom for staff. Ample parking is available for customers and employees. The property also features additional exterior space ideal for storing inventory or other business needs. Located on SH 149, the property benefits from high traffic volume and excellent visibility thanks to existing signage. Zoned for commercial use, this versatile property presents multiple business possibilities. The asking price is $550,000. This is a rare opportunity to acquire a well-maintained, high-visibility retail space in a thriving Texas town.

    Property Features for 691 Hill St

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,000 SF
    Class
    A
    Lot Size
    23,958 SF

    Building Details

    Year Built
    2005

    HighLights

    • $550,000 asking price for this Class A retail storefront.
    • 6,000 square feet on a 0.55‑acre lot.
    • Built in 2005, with Commercial zoning.
    • Located at 691 Hill St, Tatum, TX 75691.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tatum Hardware Hardware Store

    Suggested Use

    Realty agency Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Tatum
    County
    Rusk
    State
    Texas
    Longitude
    -94.521130274096
    Latitude
    32.32174703267

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      5.34 Acres in Tatum, TX

      5.34 acres in Tatum, TX with highway access.
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      Tatum Commercial Land - $50K

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    FAQs

    What type of property is this?
    Individual retail property - 6,000 SF Retail Space, High Traffic Area
    Where is this individual retail property located?
    The property is located at 691 Hill St Tatum, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: $550,000 asking price for this Class A retail storefront.; 6,000 square feet on a 0.55-acre lot.; Built in 2005, with Commercial zoning.
    Request Owner's contact information
    691 Hill St 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
    691 Hill St Tatum, TX 75691
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