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    Property profile & analytics

    601 Main St Anthony, TX 79821-9352

    • Grocery and convenience stores
    • 2,680 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimations
    $410,000
    Show details
    Cap Rate Potential
    9.6%
    Grocery and convenience stores
    Location Intelligence
    Property ID
    US82-3935818
    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

    • Grocery and convenience stores

    Property Details for 601 Main St

    Year built
    1985
    Construction
    CONCRETE BLOCKS
    Lot size
    0.42 lot acres
    Property size
    2,680 SF
    Property type
    Grocery and convenience stores
    APN
    U290-000-0001-0001
    APU
    U29000000010001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $315,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $505,000
      6.5%
      $470,000
      7%
      $435,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $430,000
      Market price range: $133k - $430k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $290,000
      Current use
      AUTO REPAIR, GARAGE
      $360,000
      Change: +24% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $315,000
      Change: +8% Conversion: Easy
      OFFICE BUILDING
      $285,000
      Change: -2% Conversion: Easy
      MEDICAL BUILDING
      $275,000
      Change: -5% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Anthony
    County
    El Paso
    State
    Texas
    Longitude
    -106.605
    Latitude
    31.9958
    CBSA code
    21340
    CBSA name
    EL PASO, TX METROPOLITAN 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
    2023
    $10,900
    $65,831
    $360,346
    $426,177
    -
    $65,831
    $360,346
    $426,177

    Comparable in this City

    • Value Estimation
      $285,000
      1,870 SF

      7634 Doniphan Dr

      GROCERY, SUPERMARKET • 1,870 SF
      7634 Doniphan Dr, Vinton, TX 79821-7201
      View Details
    • Value Estimation
      $260,000
      1,920 SF

      124 Washington St

      GROCERY, SUPERMARKET • 1,920 SF
      124 Washington St, Anthony, TX 79821-9371
      View Details
    • Value Estimation
      $320,000
      900 SF

      201 Vinton Rd

      GROCERY, SUPERMARKET • 900 SF
      201 Vinton Rd, Vinton, TX 79821-8811
      View Details
    • Value Estimation
      $855,000
      42,836 SF

      1000 Antonio St

      GROCERY, SUPERMARKET • 42,836 SF
      1000 Antonio St, Anthony, TX 79821-7142
      View Details
    • Value Estimation
      $235,000
      1,281 SF

      7616 Doniphan Dr

      GROCERY, SUPERMARKET • 1,281 SF
      7616 Doniphan Dr, Vinton, TX 79821
      View Details
    • Value Estimation
      $460,000
      3,000 SF

      2018 Antonio St

      GROCERY, SUPERMARKET • 3,000 SF
      2018 Antonio St, Anthony, TX 79821-7147
      View Details

    Similar Nearby for Sale

    • $285,000
      0.29 Acres

      Commercial Property in Anthony, TX

      Commercial property with three leasable units in Anthony, TX.
      300 S 7Th St, Anthony, TX 79821
      View Details
    • Contact for pricing
      42,000 SF

      High-Visibility Anthony Retail Space

      42,000 SF Storefront, I-10 Frontage
      I-10 & Mtn Pass Blvd, Anthony, TX 79821
      View Details
    • $4,327,273
      14,820 SF

      Retail Property in Anthony, TX

      Retail property available for sale in Anthony, Texas.
      1432 Antonio St, Anthony, TX 79821
      View Details
    • Contact for pricing
      4,500 SF

      Retail Property in Anthony, TX

      Retail property available for sale in Anthony, Texas.
      701 Main St, Anthony, TX 79821
      View Details
    • Contact for pricing
      7,000 SF

      Prime Anthony, TX Auto Shop

      7,000 SF Auto Shop - High Traffic Area
      705 Main St, Anthony, TX 79821
      View Details
    • Contact for pricing
      5.18 Acres

      Vinton, TX Commercial Land Opportunity

      5.18 Acres, Prime Commercial Location
      8030- 8050 Doniphan Dr, Vinton, TX 79821
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,768 SF

      Retail Space in Anthony, TX

      9,768 SF retail space available for lease.
      591 Valley Chili Rd, Anthony, TX 79821
      View Details
    • $4,500 /Mo
      13,939 SF

      Anthony, TX Commercial Space Available

      1500 sqft office on 14000 sqft lot, ideal for businesses.
      201 Vinton Rd, Anthony, TX 79821
      View Details
    • $15 SF/Yr
      3,625 SF

      Franklin Street Retail Space

      Prime El Paso County retail space available.
      200 Franklin St, Anthony, TX 79821
      View Details
    • $35 SF/Yr
      5,700 SF

      Anthony, TX Retail Space

      Prime Interstate 10 Retail Opportunity
      0 Antonio St, Anthony, TX 79821
      View Details
    • Contact for pricing
      2,700 SF

      Office Space in Anthony, TX

      Office space available for rent in Anthony, Texas.
      709 Main St, Anthony, TX 79821
      View Details
    • $2,800 /Mo
      43,560 SF

      Commercial Building Near I-10

      Commercial building with offices, waiting room, and ample parking.
      361 Vinton Rd, Anthony, TX 79821
      View Details
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    601 Main St
    Anthony, TX 79821-9352
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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