Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    105 Hackberry Trl Canadian, TX 79014
    Back to Search
    Property profile & analytics

    105 Hackberry Trl Canadian, TX 79014

    View on Map
    • Commercial real estate
    For Sale
    $325,000
    View Listing →
    Versatile Commercial Building in Canadian, TX For Sale
    $325,000
    3,200 SF

    Versatile Commercial Building in Canadian, TX

    40x80 commercial building with office space and ample parking.

    105 Hackberry Trail, Canadian, TX 79014
    View Listing
    Property ID
    US82-9227820
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 105 Hackberry Trl

    Property type
    Commercial real estate

    Description

    This exceptional commercial property presents a unique investment opportunity in Canadian, Texas. Located on the south side of town in Hemphill County, the property encompasses approximately 2.376 acres of land, providing ample space for expansion or future development. The main structure is a well-maintained metal building, measuring 40 feet by 80 feet. This substantial building offers a versatile layout, ideal for a variety of commercial uses. The interior is divided into distinct areas, including dedicated shop space and office space, providing flexibility for businesses requiring both operational and administrative areas. The property's location in Canadian offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in the community. The existing metal building is in good condition, minimizing immediate capital expenditure requirements. This turnkey property is ready for immediate occupancy, allowing businesses to quickly establish operations and begin generating revenue. The substantial lot size offers significant potential for future expansion or the addition of further structures, catering to evolving business needs. This is an exceptional opportunity to acquire a well-located and versatile commercial property in a thriving Texas community. The asking price is $400,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Canadian
    County
    Hemphill
    State
    Texas
    Longitude
    -100.3919
    Latitude
    35.89575

    Comparable in this City

    • $270,000

      Historic Canadian Commercial Building

      Prime Location, Multi-Use Potential, High Returns
      200 3Rd St, Canadian, TX 79014
      View Details
    • $75,000
      15.47 Acres

      Canadian, TX Land Opportunity

      Approximately 15-acre tract with rolling terrain and beautiful views.
      Us Highway 83, Canadian, TX 79014
      View Details
    • $280,000

      Commercial Building in Canadian, TX

      Flex space with office, shop, and fenced yard.
      10995 Exhibition Ctr Rd, Canadian, TX 79014
      View Details
    • Contact for pricing

      Best Western Oasis Inn Hotel

      55-room hotel in Canadian, Texas, renovated in 2025.
      303 S 2Nd St, Canadian, TX 79014
      View Details
    • $129,000
      2,870 SF

      Canadian, TX Commercial Property

      Commercial property located on major thoroughfare in Canadian, Texas.
      305 N 2Nd St, Canadian, TX 79014
      View Details
    • $75,000
      15.47 Acres

      Canadian, TX Land For Sale

      15-acre tract near Canadian, TX, ideal for custom homesite.
      Us Highway 83, Canadian, TX 79014
      View Details

    Similar Nearby for Sale

    • $270,000

      Historic Canadian Commercial Building

      Prime Location, Multi-Use Potential, High Returns
      200 3Rd St, Canadian, TX 79014
      View Details
    • $75,000
      15.47 Acres

      Canadian, TX Land Opportunity

      Approximately 15-acre tract with rolling terrain and beautiful views.
      Us Highway 83, Canadian, TX 79014
      View Details
    • $280,000

      Commercial Building in Canadian, TX

      Flex space with office, shop, and fenced yard.
      10995 Exhibition Ctr Rd, Canadian, TX 79014
      View Details
    • Contact for pricing

      Best Western Oasis Inn Hotel

      55-room hotel in Canadian, Texas, renovated in 2025.
      303 S 2Nd St, Canadian, TX 79014
      View Details
    • $129,000
      2,870 SF

      Canadian, TX Commercial Property

      Commercial property located on major thoroughfare in Canadian, Texas.
      305 N 2Nd St, Canadian, TX 79014
      View Details
    • $75,000
      15.47 Acres

      Canadian, TX Land For Sale

      15-acre tract near Canadian, TX, ideal for custom homesite.
      Us Highway 83, Canadian, TX 79014
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Freestanding Building For Lease

      6,941 SF retail freestanding building available for lease.
      308 S 2Nd St, Canadian, TX 79014
      View Details
    • Contact for pricing
      6,941 SF

      Commercial Property in Canadian, Texas

      Commercial property available for rent in Canadian, Texas.
      308 S 2Nd St, Canadian, TX 79014
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    105 Hackberry Trl
    Canadian, TX 79014
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    105 Hackberry Trl, Canadian, TX, 79014
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!