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Property profile & analytics
OFF-MARKET
Commercial real estate
201 Main St, Childress, TX 79201
Individually Owned
Absentee Owner
Free & Clear
Property ID
US83-1499679
Property summary
AI-generated overview
This 0.07-acre lot at 201 N Main Street in Childress, Texas, presents a unique redevelopment opportunity. Previously a two-story bank building, the structure was completely destroyed by fire years ago and has remained vacant since. The building has been totally gutted, leaving only the vault intact, and the second floor is no longer present. This provides a clean slate for a new construction project. The property features a metal roof covering. Recent city improvements include new sidewalks and curbs surrounding the building. The property is being offered at $100,000 and owner financing is available with an acceptable down payment and terms. Prospective buyers are strongly encouraged to conduct their own due diligence before making an offer. Access to the property is restricted
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
6,490 SF
Lot
0.13 ac (5,467 SF)
APN
11000-02239-00000-000000
UPID
US83-1499679
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
AMY ELIZABETH BISHOP
AMY ELIZABETH BISHOP
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Childress submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Childress submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$561
Tax year 2022
Assessed value
$37,727
Assessed 2024
Previous assessed
$35,053
+7.6% YoY
Effective rate
1.49%
On assessed value
Assessed land
$2,568
Assessed improvement
$35,159
Land market value
$2,568
Improvement market value
$35,159
Total market value
$37,727
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Total area
6,490 SF
Lot
0.13 ac (5,467 SF)
APN
11000-02239-00000-000000
UPID
US83-1499679
Jurisdiction
CHILDRESS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Lot
0.13 ac
Current owner
From public records · entity-resolved
AMY ELIZABETH BISHOP
Individual
Free & Clear · 0 yrs held
Mailing address
125 AVE B B NW, CHILDRESS, TX 79201-4513
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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