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Property profile & analytics
FOR SALE
Commercial real estate
201 N Main St Maypearl, TX 76064
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US82-8318804
For Sale
1 / 25
$800,000
201 N Main St, Maypearl, TX 76064
View Listing →
Property summary
AI-generated overview
This exceptional 5,100 square foot industrial building presents a unique investment opportunity in the thriving town of Maypearl, Texas. Situated on a highly visible 0.13-acre corner lot in the heart of Maypearl, this property boasts a rich history, having served as a Model T garage, a movie theater, and a feed-hardware store. Its central location ensures high visibility and accessibility, making it ideal for a variety of commercial uses. The building is currently vacant, offering a blank canvas for a new owner to customize and adapt to their specific business needs. The substantial size of the building provides ample space for various operations, storage, or even potential redevelopment. This property offers significant potential for growth and return on investment. Note that an adjacent vacant lot is available for purchase, increasing the total land area and investment potential. The combined property, including the building and adjacent lot, is offered for $400,000. However, the adjacent lot will only be sold in conjunction with the building
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1928
Total area
5,100 SF
Lot
0.26 ac (11,500 SF)
APN
50.2001.008.001.00.115
UPID
US82-8318804
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
Current use
Occupant on record · Public records
-
Big Wheel And Tire (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$545k
Blend (final)
Blend
$585k
Owner & transaction history
Sandra A Talley · 12 yrs held
Sandra A Talley
since 2013
3 recorded transactions
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 Maypearl submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maypearl 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$115 / SF
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 2018Property tax & assessments
Tax year 2018
Tax billed
$2,042
Tax year 2018
Assessed value
$512,196
Assessed 2023
Previous assessed
$439,550
+16.5% YoY
Effective rate
0.40%
On assessed value
Assessed land
$103,224
Assessed improvement
$408,972
Land market value
$103,224
Improvement market value
$408,972
Total market value
$512,196
Applied tax rate
70.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
For Sale
Year built
1928
Heating
NONE
Stories
1
Total area
5,100 SF
Lot
0.26 ac (11,500 SF)
APN
50.2001.008.001.00.115
UPID
US82-8318804
Jurisdiction
ELLIS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
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
Year built
1928
Heating
NONE
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Sandra A Talley
Individual
Mailing address
PO BOX 439, MAYPEARL, TX 76064-0439
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2013
—
Sandra A Talley
Wilbur,paul K
Grant Deed
$280,000 · Paul K Wilbur
Mar 9, 2005
—
John H Key
Mosby,karen
Warranty Deed
$50,000 · Karen Mosby
Aug 26, 2004
—
Paul K Wilbur
Campbell,donald R
Warranty Deed
$65,000 · Donald R Campbell
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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