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    Property profile & analytics

    1986 Hwy Carthage, TX 75633

    • Commercial real estate
    • 1.29 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1986 Hwy

    Year built
    1981
    Lot size
    1.29 lot acres
    Property type
    Commercial real estate

    Description

    This expansive commercial property, located at 1986 Hwy 315 in Carthage, Texas, presents a unique investment opportunity. Boasting 4,536 square feet of versatile space, this building is ideally situated with direct road frontage on State Highway 315, ensuring high visibility and accessibility. The property sits on approximately 1.29 acres of land, offering ample room for expansion or outdoor storage. Inside, the building features a convenient loading dock for efficient shipping and receiving, along with two 12-foot doors for easy access. The presence of 3-phase power adds to the property's functionality and suitability for a wide range of commercial uses. Its location, approximately one mile from the Carthage loop, provides excellent access to the city while maintaining a desirable location just outside the city limits. This property is perfect for businesses seeking a prominent location with ample space and convenient features. The possibilities are truly endless for this adaptable commercial space. The asking price is $229,000. Serious inquiries only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carthage
    County
    Panola
    State
    Texas
    Longitude
    -94.3253
    Latitude
    32.1445

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    1986 Hwy
    Carthage, TX 75633
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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
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