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    107 Union St Borger, TX 79007
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    Property profile & analytics

    107 Union St Borger, TX 79007

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    • Commercial real estate
    • 2,388 SF
    Off-Market
    Property ID
    US83-1917934
    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

    • Buttercup House Babyland / Daycare Center

    Property Details for 107 Union St

    Property size
    2,388 SF
    Property type
    Commercial real estate

    Description

    This exceptional 2,388 square foot commercial building located at 107 Union Street in Borger, Texas, presents a unique investment opportunity. Priced at $64,000, this property boasts significant potential for a variety of uses. The interior features four sizable rooms, ideally suited for classrooms, offices, or adaptable to a multitude of business needs. A functional kitchen is also included, adding to the property's versatility. Beyond the building itself lies a substantial fenced backyard area, providing ample outdoor space for expansion, storage, or additional development. Adding to the value, a fenced lot behind the main building is included in the sale, significantly increasing the overall usable land area. This property is ready for an owner to envision and create their ideal commercial space. The existing structure offers a solid foundation for immediate occupancy or renovation, making it an attractive option for entrepreneurs and investors alike. Its central Borger location ensures excellent visibility and accessibility. Don't miss this chance to acquire a versatile commercial property with significant upside potential.

    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
    Borger
    County
    Hutchinson
    State
    Texas
    Longitude
    -101.38
    Latitude
    35.65519

    Comparable in this City

    • $900,000

      Borger Restaurant & Shop Opportunity

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    • $350,000

      Borger Commercial Property - Main Street

      High-traffic location, versatile commercial space.
      729 Main St, Borger, TX 79007
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      0.14 Acres

      Residential Land in Borger, TX

      Land available for sale with utilities, suitable for building.
      700 Platt St, Borger, TX 79007
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      Retail Lot in Borger, TX

      Retail lot with great visibility and access in Borger.
      600 S Cedar St, Borger, TX 79007
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    • $310,000
      4,130 SF

      Well-Maintained Industrial Shop in Borger

      Industrial shop with office, parking, and fenced yard on 0.92 acres.
      610 N Florida St, Borger, TX 79007
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    • $179,900

      Historic Borger Commercial Opportunity

      Prime commercial building in downtown Borger on Main Street.
      510 N Main St, Borger, TX 79007
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    Similar Nearby for Sale

    • $900,000

      Borger Restaurant & Shop Opportunity

      Turnkey Restaurant, Offices, & Shop Space
      601 10Th St, Borger, TX 79007
      View Details
    • $350,000

      Borger Commercial Property - Main Street

      High-traffic location, versatile commercial space.
      729 Main St, Borger, TX 79007
      View Details
    • Contact for pricing
      0.14 Acres

      Residential Land in Borger, TX

      Land available for sale with utilities, suitable for building.
      700 Platt St, Borger, TX 79007
      View Details
    • Contact for pricing

      Retail Lot in Borger, TX

      Retail lot with great visibility and access in Borger.
      600 S Cedar St, Borger, TX 79007
      View Details
    • $310,000
      4,130 SF

      Well-Maintained Industrial Shop in Borger

      Industrial shop with office, parking, and fenced yard on 0.92 acres.
      610 N Florida St, Borger, TX 79007
      View Details
    • $179,900

      Historic Borger Commercial Opportunity

      Prime commercial building in downtown Borger on Main Street.
      510 N Main St, Borger, TX 79007
      View Details
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    107 Union St
    Borger, TX 79007
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    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
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