Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5004 State Hwy 87th S Shelbyville, TX 75973

    • Commercial real estate
    • 384 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US82-9653171
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 5004 State Hwy 87th S

    Year built
    1990
    Lot size
    0.11 lot acres
    Property size
    384 SF
    Property type
    Commercial real estate
    APN
    R26647
    APU
    R26647

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Shelby
    State
    Texas
    Longitude
    -94.0794
    Latitude
    31.7618

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $226
    $4,870
    $9,250
    $14,120
    -
    $4,870
    $9,250
    $14,120

    Comparable in this City

    • Value Estimation by Request
      2.54 Acres

      5587 Fm 3172

      COMMERCIAL (GENERAL) • 2.54 Acres
      5587 Fm 3172, Shelbyville, TX 75973-2805
      View Details
    • Value Estimation by Request
      5.54 Acres

      16377 State Hwy 87th S

      COMMERCIAL (GENERAL) • 5.54 Acres
      16377 State Hwy 87th S, Shelbyville, TX 75973-2986
      View Details
    • Value Estimation by Request
      1,040 SF

      Shelbyville, TX 75973

      COMMERCIAL (GENERAL) • 1,040 SF
      Shelbyville, TX 75973
      View Details
    • Value Estimation by Request
      1,568 SF

      5139 State Hwy 87th S

      COMMERCIAL (GENERAL) • 1,568 SF
      5139 State Hwy 87th S, Shelbyville, TX 75973-2313
      View Details
    • Value Estimation by Request
      3,600 SF

      5042 State Hwy 87th S

      COMMERCIAL (GENERAL) • 3,600 SF
      5042 State Hwy 87th S, Shelbyville, TX 75973-2312
      View Details
    • Value Estimation by Request
      0.28 Acres

      Shelbyville, TX 75973

      COMMERCIAL (GENERAL) • 0.28 Acres
      Shelbyville, TX 75973
      View Details

    Similar Nearby for Sale

    • $110,000
      Pending

      Unrestricted Acreage Near Lake Toledo

      20-acre unrestricted land near Lake Toledo Bend.
      Tbd Crk 2711, Shelbyville, TX 75973
      View Details
    • New
      $120,000
      15.00 Acres

      Cleared Land Near Lake Toledo

      15 acre cleared and fenced land near Lake Toledo Bend.
      2 Fm 2261, Shelbyville, TX 75973
      View Details
    • $225,000
      30.00 Acres

      Unrestricted Farmland in Shelbyville, TX

      30 acres of unrestricted farmland, fenced and ready for cattle.
      Tbd Crk 2801, Shelbyville, TX 75973
      View Details
    • Contact for pricing
      2.94 Acres

      Secluded Timbered Land Near Huxley

      2.94-acre timbered tract near Toledo Bend Lake.
      Tbd Whooping Crane Rd, Shelbyville, TX 75973
      View Details
    • $459,250
      83.50 Acres

      83.5 Acres Bordering National Forest

      83.5 acres in Shelbyville, TX, bordering Sabine National Forest.
      Tbd Crk 2798, Shelbyville, TX 75973
      View Details
    • Contact for pricing
      1.15 Acres

      Unrestricted Lot Near Lake Toledo

      Unrestricted 1.15 acre lot near Lake Toledo Bend.
      Tbd Crk 2650, Shelbyville, TX 75973
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5004 State Hwy 87th S
    Shelbyville, TX 75973
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.