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    Property profile & analytics

    2601 Gregg St Big Spring, TX 79720

    • Commercial real estate
    • 24,208 SF
    For Lease
    View listing
    Value Estimation
    $555,000
    Location Intelligence
    Property ID
    US83-0849385
    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

    • W'H Attic Insulation Services / Roofing Contractor / Insulation Materials Store

    Property Details for 2601 Gregg St

    Year built
    1967
    Property size
    24,208 SF
    Property type
    Commercial real estate
    APN
    295461
    APU
    295461

    Description

    This exceptional freestanding retail property, located at 2601 S Gregg St in Big Spring, Texas, presents a remarkable opportunity for a single-tenant business. Boasting 2,300 square feet of space, this property is situated in Howard County, offering excellent visibility and accessibility. The property's location within Big Spring provides access to a thriving local market. The single-tenant occupancy ensures ease of management and control. This ground lease opportunity allows for significant customization and development to suit a variety of retail concepts. The property's address is easily accessible from major roadways, ensuring high traffic flow and visibility for your business. The site is ideal for a variety of retail uses, providing ample space for both display and operational needs. This is a rare chance to secure a prime retail location in a growing Texas market. The property's location offers a strong foundation for business growth and success. Detailed site plans and lease terms are available upon request. This is a turnkey opportunity for a business seeking a high-impact location in a desirable area. Don't miss this chance to establish your business in a prime retail location. Contact us today to learn more about this exceptional property.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $525,000

    • CAP approach

      CAP return
      Estimation
      6%
      $625,000
      6.5%
      $730,000
      7%
      $645,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $580,000
      Geo Method
      $710,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $785,000
      Retail
      $690,000
      Mixed-Use
      $670,000
      Hospitality
      $795,000
      Educational
      $730,000
      Residential Income
      $810,000
      Energy
      $750,000
      Income-Based Land
      $780,000
      Food Service
      $625,000

    Location Insight

    • Map
    • Local Demand
    City
    Big Spring
    County
    Howard
    State
    Texas
    Longitude
    -101.47
    Latitude
    32.229
    CBSA code
    13700
    CBSA name
    BIG SPRING, TX MICROPOLITAN STATISTICAL AREA

    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
    $4,547
    $100,000
    $145,037
    $245,037
    -
    $100,000
    $145,037
    $245,037

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    2601 Gregg St
    Big Spring, TX 79720
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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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