691 4 St Tatum, TX 75691
This exceptional Tatum, Texas commercial property, located at 691 N. Fourth St., presents a unique investment opportunity. The 0.55-acre lot encompasses a substantial 6,000 square foot building ideally suited for a variety of commercial uses. The property boasts 4,800 square feet of retail space, perfect for showcasing products or services to a steady stream of customers. Adding to its versatility is a 1,200 square foot enclosed shop, providing ample room for workshops, storage, or specialized operations. Further enhancing the property's functionality is a 1,200 square foot attached covered storage area, offering protection from the elements for equipment or inventory. Conveniently located within the building are an office and breakroom, providing essential workspace for staff. The property's strategic location in a high-traffic area of Tatum ensures excellent visibility and accessibility, maximizing its potential for success. This is a rare opportunity to acquire a well-appointed commercial property in a thriving Texas town, priced at $550,000. The property is zoned for commercial use and is ready for immediate occupancy. Don't miss this chance to own a piece of Tatum's vibrant commercial landscape.
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.