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    315 Washington Marshall, TX 75670

    For Sale
    $480,000

    Prime 6,394 SF Retail Space in Texas

    Property size:
    6,394 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial property, located at 315 N Washington in the revitalized downtown area of Marshall, Texas, presents a unique investment opportunity. Boasting a substantial 6,394 square feet of space, this retail property sits on a highly visible corner lot, maximizing exposure to potential customers. The building is in excellent condition and features extensive storefront windows, creating an inviting and bright atmosphere for any business. The property's versatile layout offers significant potential for a wide range of retail uses, making it an ideal choice for entrepreneurs seeking a prominent location in a thriving downtown district. The asking price is $480,000. The property is classified as both retail and land, offering flexibility for future development or expansion. Its location in Harrison County, Texas, zip code 75670, provides easy access to local amenities and a strong customer base. The property's size and prime location make it an attractive investment for those seeking a high-impact retail presence in a revitalized urban core. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant growth potential. The property is ready for immediate occupancy and offers a blank canvas for a creative and successful business venture. The coordinates are 32.5472722 latitude and -94.367674 longitude.

    Property Features for 315 Washington

    General Information

    Property type
    Land
    Square Feet
    6,394 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon Auto Parts Store Auto Repair Shop Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Marshall
    County
    Harrison
    State
    Texas
    Longitude
    -94.367674
    Latitude
    32.5472722

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    FAQs

    What type of property is this?
    Land - Prime 6,394 SF Retail Space in Texas
    Where is this land located?
    The property is located at 315 Washington Marshall, TX.
    What is the asking price?
    The asking price for this property is $480,000.
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    315 Washington Marshall, TX 75670
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    Marshall, TX 75670
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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
    315 Washington Marshall, TX 75670
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