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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Commercial real estate
308 Main St Ranger, TX 76470-2030
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-1965761
Property summary
AI-generated overview
This exceptional 6,012 square foot office building, located at 308 W Main Street in Ranger, Texas, presents a fantastic opportunity for businesses seeking a ready-to-occupy space. Situated on a 0.32-acre lot, the building offers ample room for a variety of commercial uses. Its move-in ready condition eliminates the need for extensive renovations, allowing businesses to focus on operations immediately. The property's size and layout provide considerable flexibility, making it suitable for a wide range of business types. The expansive square footage allows for the creation of multiple offices, meeting rooms, and common areas, catering to diverse operational needs. This property is ideally suited for businesses seeking a substantial and well-maintained space in a convenient location. Further opportunities exist for potential package deals with other properties in the area
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1925
Total area
6,012 SF
Lot
0.32 ac (13,983 SF)
APN
12665
UPID
US83-1965761
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
-
Garner Environmental Services Environmental Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$570k
Owner & transaction history
Charles Cook · 4 yrs held
Charles Cook
since 2022
1 recorded transaction
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 Ranger submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ranger 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
$95 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$153,270
Assessed 2024
Previous assessed
$153,270
+0.0% YoY
Assessed land
$8,000
Assessed improvement
$145,270
Land market value
$8,000
Improvement market value
$145,270
Total market value
$153,270
Applied tax rate
14.0000
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
Off-Market
Year built
1925
Heating
NONE
Stories
1
Bathrooms
1
Total area
6,012 SF
Lot
0.32 ac (13,983 SF)
APN
12665
UPID
US83-1965761
Jurisdiction
EASTLAND
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
1925
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Charles Cook
Individual
Free & Clear · 4 yrs held
Mailing address
7640 CONFEDERATE PARK RD, LAKESIDE, TX 76108-9321
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2022
—
Charles Cook
City Of Ranger
Special Warranty Deed
—
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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