901 Loop Carthage, TX 75633
This exceptional commercial property presents a unique investment opportunity in Carthage, Texas. Situated on a sizable 5.3-acre lot, the property boasts a high-profile location on the SE Loop, offering excellent visibility and convenient access to both the loop and S Hwy 59. The existing commercial building, while requiring some renovation and repair, presents a solid foundation for a variety of business ventures. The property includes a fenced area, providing ample secure space for storage, operations, or expansion. The building's current condition necessitates work, presenting a chance for a buyer to customize the space to perfectly suit their needs and vision. Given its strategic location and substantial acreage, this property is ideal for entrepreneurs seeking a prominent presence in a growing market. The asking price of $99,000 reflects the opportunity to acquire a significant commercial parcel at a competitive price point. The potential for return on investment is substantial, making this a compelling opportunity for those with a keen eye for value and a vision for revitalization. Serious inquiries are encouraged to explore the possibilities this property offers. The property is sold as-is.
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.