Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    721 1St St Timpson, TX 75975

    • Retail properties
    • 6,840 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 721 1St St

    Year built
    1998
    Lot size
    0.43 lot acres
    Property size
    6,840 SF
    Property type
    Retail properties
    Property subtype
    Retail space

    Description

    This 6,840-square-foot freestanding retail building is situated on a 0.43-acre lot in Timpson, Texas. Built in 1998, the single-story structure offers a spacious 6,840 square feet of net rentable space, priced at $57.75 per square foot. The property is zoned C-1 and boasts excellent visibility and accessibility from both Highway 59 (1st Street) and Jacob Street. Its prime location within the retail corridor places it directly across from a Family Dollar/Dollar Tree combination store and a medical clinic, and diagonally across from a Whataburger and convenience store. This high-traffic area ensures significant exposure for any business. The property's address is 721 N 1st St, Timpson, TX 75975, with the APN listed as r10952. This presents a unique opportunity for a variety of retail uses, given its size, location, and previous use as a pharmacy/drug store and storefront. The asking price for this exceptional property is $395,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Timpson
    County
    Shelby
    State
    Texas
    Longitude
    -94.3985
    Latitude
    31.9067

    Comparable in this City

    • Value Estimation by Request
      19.57 Acres

      13199 Tx-87

      Farms • 64,000 SF
      13199 Tx-87, Timpson, TX 75975
      View Details
    • Value Estimation
      $260,000
      0.48 Acres

      Timpson, TX 75975

      COMMERCIAL (GENERAL) • 0.48 Acres
      Timpson, TX 75975
      View Details
    • Value Estimation
      $260,000
      0.63 Acres

      849 1st St

      COMMERCIAL (GENERAL) • 0.63 Acres
      849 1st St, Timpson, TX 75975
      View Details
    • Value Estimation
      $265,000
      0.08 Acres

      Austin St

      COMMERCIAL (GENERAL) • 0.08 Acres
      Austin St, Timpson, TX 75975
      View Details
    • Value Estimation
      $220,000
      900 SF

      490 1st St

      COMMERCIAL (GENERAL) • 900 SF
      490 1st St, Timpson, TX 75975-5344
      View Details
    • Value Estimation
      $270,000
      648 SF

      582 1st St

      COMMERCIAL (GENERAL) • 648 SF
      582 1st St, Timpson, TX 75975-5336
      View Details

    Similar Nearby for Sale

    • $380,000
      12,400 SF

      Timpson Commercial Property on Highway

      Spacious commercial property with warehouse on high-traffic US highways.
      189 N 1St St, Timpson, TX 75975
      View Details
    • $240,699
      44.00 Acres

      44 Acres of Pastureland Near Timpson

      44 acres of pastureland with excellent access, near Timpson, TX.
      Tbd-B Cr 4037, Timpson, TX 75975
      View Details
    • $323,000
      50.00 Acres

      50 Acres of Pasture Land

      50-acre property with pastures, pond, hardwood bottom, and county road access.
      Tbd-A County Rd 4037, Timpson, TX 75975
      View Details
    • $399,900
      67.00 Acres

      67 Acres Wooded Land in Texas

      67-acre wooded land for recreation or off-grid living.
      Tbd Cr 403, San Augustine, TX 75975
      View Details
    • $260,000
      2.00 Acres

      Timpson, TX Commercial Lot

      2-acre commercial lot with high visibility and easy access.
      189 N 1St St, Timpson, TX 75975
      View Details
    • Contact for pricing
      13.94 Acres

      Texas Industrial Land Portfolio

      Prime industrial sites, various sizes, I-35/I-90 access.
      Site Aleda Park | Habben Site I-35/I-90 Business Park | Plz St, Timpson, TX 75975
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    721 1St St
    Timpson, TX 75975
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.