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Property profile & analytics
OFF-MARKET
Warehouses

225 9th St Slaton, TX 79364-4107

2,190 SF 0.16 ac lot Built 1950
Individually Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US82-2589602
Property summary
AI-generated overview

This unique Slaton, Texas mixed-use property, located at 225 S 9th St (legal address), offers a compelling investment opportunity. Priced at $120,000, this 1,500-2,400 square foot building sits on a 7,000 square foot lot and boasts a fascinating history as a former hat factory and rental space. The interior features a former one-bedroom layout, a half bath with a separate shower, a kitchen, dining room, and living room, making it ideal for live-work arrangements. An additional 900 square feet of workshop/storage space adds significant versatility. The property's unique character and ample space make it perfect for a craftsperson or entrepreneur seeking a blend of living and working space. Note that the address may also appear as 227 S 9th St on the building itself. A virtual tour is available online. This property is being sold separately from an adjacent larger property at 215 S 9th St, Slaton, TX 79364, which is also available for purchase. The adjacent property offers 9,439 square feet of above-grade space, including a 700 square foot attached garage with a 400 square foot storage loft. This adjacent property is listed separately at $285,000 and offers a variety of potential uses, including event venue, art studio, gallery, office, retail, restaurant, antique store, or live/work space. A virtual tour is also available for this adjacent property.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Total area 2,190 SF
Lot 0.16 ac (7,000 SF)
Zoning code 26
APN R132599
UPID US82-2589602
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
Sara M Waters · 14 yrs held
Sara M Waters
since 2012
2 recorded transactions
2012
Price N/A
2011
Price N/A
Zoning & alternative use
26 · Slaton, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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