1507 Washington St Marshall, TX 75670
This exceptional commercial property, located at 1507 S. Washington St. in Marshall, Texas, presents a unique investment opportunity. Priced at $119,900, this 3,056 square foot building sits on a 0.38-acre lot and offers a versatile layout ideal for a variety of commercial uses. Originally a residence, it has served as a successful commercial operation for many years, establishing itself as a familiar presence in the Marshall community. The property boasts an open floor plan, providing flexibility for customization to suit diverse business needs. Multiple offices and ample storage space cater to various operational requirements. Three bathrooms enhance convenience and functionality. Further enhancing the property's utility are several outdoor storage buildings, providing additional space for inventory, equipment, or other needs. Its prime location on South Washington Street, close to downtown Marshall, ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a thriving community. This property is ready for a new owner and presents a compelling opportunity for immediate occupancy and return on investment. The asking price reflects a significant value proposition for a property with this size, location, and features.
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
Similar Nearby for Lease
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.