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Property profile & analytics
OFF-MARKET
Office Spaces

1498 Hwy Marfa, TX 79843

6,920 SF 4.1 ac lot Built 1998
Property ID
Property summary
AI-generated overview

This exceptional Marfa, Texas commercial property offers 6,920 square feet of versatile space on a 4.1-acre lot with 295 feet of high-visibility frontage on East Highway 90. The property includes a substantial 5,000 square foot main building featuring stained concrete floors, a dedicated performance space complete with a stage, and well-appointed commercial bathrooms. A fully equipped kitchen with Saltillo tile countertops adds to the functionality. Two charming adobe brick buildings, one including a full bathroom, provide additional space, complemented by a large metal shop ideal for storage. The property also boasts a unique adobe chapel, adding character and potential for diverse uses. Water is supplied by a private well, with city water readily available as an alternative. This unique combination of space, location, and character presents a rare opportunity for a variety of commercial ventures or creative endeavors. The property's prominent highway frontage ensures excellent visibility and accessibility, making it an ideal location for businesses seeking high traffic exposure in the vibrant Marfa market. The diverse building types offer flexibility for various uses, from office space to retail, event venues, or a combination thereof. This is a must-see property for discerning buyers seeking a unique and well-equipped commercial space in a highly desirable location.

Property profile
Verified
Property type Office Spaces
Year built 1998
Total area 6,920 SF
Lot 4.1 ac (178,596 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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