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    Property profile & analytics

    586 Rusk Ave Wells, TX 75976-4146

    • Commercial real estate
    • 130 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 18, 2021
    $8,000
    Location Intelligence
    Property ID
    US82-8870473
    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 586 Rusk Ave

    Year built
    2017
    Lot size
    0.72 lot acres
    Property size
    130 SF
    Property type
    Commercial real estate
    APN
    985854143
    APU
    985854143

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wells
    County
    Cherokee
    State
    Texas
    Longitude
    -94.9471
    Latitude
    31.4958
    CBSA code
    27380
    CBSA name
    JACKSONVILLE, TX MICROPOLITAN STATISTICAL AREA

    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
    $151
    $17,960
    $0.00
    $17,960
    -
    $17,960
    $0.00
    $17,960

    Comparable in this City

    • Value Estimation by Request
      2,241 SF

      234 Rusk Ave

      COMMERCIAL (GENERAL) • 2,241 SF
      234 Rusk Ave, Wells, TX 75976
      View Details
    • Value Estimation by Request
      3,016 SF

      696 Rusk Ave

      COMMERCIAL (GENERAL) • 3,016 SF
      696 Rusk Ave, Wells, TX 75976
      View Details
    • Value Estimation
      $355,000
      8,850 SF

      125 Homer Rd

      COMMERCIAL (GENERAL) • 8,850 SF
      125 Homer Rd, Wells, TX 75976
      View Details
    • Value Estimation by Request
      5,496 SF

      443 Rusk Ave

      COMMERCIAL (GENERAL) • 5,496 SF
      443 Rusk Ave, Wells, TX 75976
      View Details
    • Value Estimation by Request
      4,312 SF

      319 Rusk Ave

      COMMERCIAL (GENERAL) • 4,312 SF
      319 Rusk Ave, Wells, TX 75976
      View Details
    • Value Estimation by Request
      3,060 SF

      583 Rusk Ave

      COMMERCIAL (GENERAL) • 3,060 SF
      583 Rusk Ave, Wells, TX 75976
      View Details

    Similar Nearby for Sale

    • $1,250,000

      Prime Commercial Land Opportunity

      Spacious vacant lot for commercial development near Hwy 69.
      105 Rusk Ave, Wells, TX 75976
      View Details
    • $450,000
      2,652 SF

      10-Acre Estate with Business Potential

      10-acre estate with main house, buildings, and outdoor features.
      1609 County Rd, Wells, TX 75976
      View Details
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    586 Rusk Ave
    Wells, TX 75976-4146
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    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
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