1498 Hwy Marfa, TX 79843
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.