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    Property profile & analytics

    1930 1st Merkel, TX 79536

    • Commercial real estate
    • 6,000 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Location Intelligence
    Property ID
    US82-4712168
    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

    • Commercial real estate

    Property Details for 1930 1st

    Year built
    2002
    Lot size
    1.50 lot acres
    Property size
    6,000 SF
    Property type
    Commercial real estate
    APN
    S1310000800
    APU
    S1310000800

    Description

    This exceptional 6,000-square-foot self-storage facility in Merkel, Texas, presents a compelling investment opportunity. Built in 2002 and situated on a 1.5-acre lot at 1930 N 1st St, 79536, this property boasts 60 units and currently enjoys a strong 94% occupancy rate, generating a stable cash flow and an 8.21% capitalization rate. The asking price is $400,000, translating to $66.67 per square foot. The facility includes 55 non-climate-controlled drive-up units and 5 uncovered parking spaces. This turnkey operation offers significant expansion potential, further enhanced by the existing infrastructure for remote management. The property's location in Merkel, Taylor County, provides easy access and strong market demand. This is an ideal investment for those seeking a stable, high-performing asset with growth potential. All units are currently rentable.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Merkel
    County
    Taylor
    State
    Texas
    Longitude
    -100.025
    Latitude
    32.4732
    CBSA code
    10180
    CBSA name
    ABILENE, TX METROPOLITAN 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
    2023
    $3,249
    $14,813
    $150,187
    $165,000
    -
    $14,813
    $150,187
    $165,000

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    1930 1st
    Merkel, TX 79536
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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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