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    Property profile & analytics

    850 Shelby St Carthage, TX 75633

    • Commercial real estate
    • 20,380 SF
    • 2.76 lot acres
    For Sale
    View listing
    $2,250,000
    Value Estimation
    Location Intelligence
    Property ID
    US83-0697271
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Franks International / Oil Field Equipment Supplier

    Property Details for 850 Shelby St

    Year built
    1990
    Lot size
    2.76 lot acres
    Property size
    20,380 SF
    Property type
    Commercial real estate
    APN
    3349
    APU
    3349

    Description

    This exceptional 23,120-square-foot industrial property, situated on six acres in Carthage, Texas, presents a unique investment opportunity. Built and renovated in 2015, this single-tenant facility boasts a 30-foot ceiling height, ideal for various manufacturing, flex, warehouse, or distribution operations. The building features four 18' x 18' overhead dock-high doors, facilitating efficient loading and unloading. Two 7.5-ton bridge cranes enhance operational capabilities, while dedicated equipment wash areas with drains and a designated parts storage area add to the property's functionality. The interior layout includes four private offices, a spacious reception/lobby area, and a separate dispatch office, providing ample space for administrative functions. Additional mezzanine storage maximizes vertical space utilization. The property is located at 850 S Shelby St, Carthage, TX 75633. Priced at $2,450,000 for sale, or available for lease at $22,500 per month plus NNN. This property offers a rare combination of size, functionality, and location, making it an attractive prospect for businesses seeking a high-quality industrial space in East Texas.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carthage
    County
    Panola
    State
    Texas
    Longitude
    -94.3346
    Latitude
    32.1356

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $20,560
    $28,850
    $841,000
    $869,850
    -
    $28,850
    $841,000
    $869,850

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    850 Shelby St
    Carthage, TX 75633
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    Realmo Value Estimation

    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.

    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.

    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
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