Property profile

1100 Main St Knox City, TX 79529

OFF-MARKET
Other industrial properties
Property ID
US83-0994781
15,408 SF
Individually Owned Free & Clear
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Property summary

AI-generated overview

The City Motel in Knox City is a hospitality property totaling 12,188 square feet and containing 21 guest units with a mix of room types, including king rooms, double bed units, kitchenettes, and a three-bedroom suite; all units include microwaves and refrigerators. The property includes six fully serviced RV spaces with electrical hookups rated at 50, 30, and 20 amps, and a large lot that allows for semi-truck parking. On-site support facilities include guest laundry, commercial laundry equipment, and an ice machine. Residential use is supported by on-site living quarters consisting of a three-bedroom, two-bathroom apartment connected to the office. The office and motel operations are supplemented by a large attached commercial space that provides room for potential future expansion. The building has undergone upgrades that include a replaced roof, updated hot water heaters, installation of high-speed Wi‑Fi infrastructure, new mattresses, and a security camera system, and the property has solar panels.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 15,408 SF
APN 6000005000400000000
UPID US83-0994781

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

1100 Main St Knox City, TX 79529
Knox City metro Census 950100
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.8M +18.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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