215 9th St, Slaton, TX 79364-4107
This expansive Slaton, TX commercial property at 215 S 9th Street presents a unique investment opportunity. Boasting a total of 9,439 square feet above grade, this adaptable space previously served as an artist's studio, offering a wealth of possibilities for its next owner. The main level encompasses 6,300 square feet, complemented by a substantial 3,138.77-square-foot loft area. Further enhancing its functionality are a 700-square-foot garage and a 400-square-foot storage loft. The property includes a well-equipped kitchen, two full bathrooms, and two half bathrooms, ensuring ample amenities. Climate control is managed by three HVAC units, a mini-split system, and supplemental kitchen heating, while a large industrial fan provides additional ventilation. Recent upgrades include a roof approximately five years old and updated plumbing. The property sits on a 0.18-acre lot and is priced at $285,000. This location is particularly attractive for businesses seeking a large, adaptable space, and its suitability for uses such as event spaces, art studios, galleries, offices, or retail stores makes it a highly desirable investment. For potential grant funding to assist with your project, contact the Slaton Economic Development Company (SEDCO). Note that an adjacent property at 225 S 9th Street is also available for purchase.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
26 · Slaton, TXSlaton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.