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    Property profile & analytics

    800 Highway 86 Bovina, TX 79009

    • Commercial real estate
    • 49,608 SF
    • 0.96 lot acres
    For Sale
    View listing
    $700,000
    Value Estimation
    Location Intelligence
    Property ID
    US83-0123024
    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 800 Highway 86

    Year built
    1973
    Lot size
    0.96 lot acres
    Property size
    49,608 SF
    Property type
    Commercial real estate
    APN
    1612
    APU
    1612

    Description

    This exceptional commercial property, located at 800 Highway 86 in Bovina, Texas, presents a unique investment opportunity. The building boasts a substantial 11,250 square feet of space, ideally suited for a variety of retail uses. Its previous life as a grocery store speaks to its established location within a high-traffic area, ensuring excellent visibility and accessibility for potential businesses. The property sits on a 0.96-acre lot, providing ample parking for customers and employees, a significant advantage in today's market. The asking price for this well-positioned retail building is $700,000. Given its size, location, and parking availability, this property is poised for immediate success for a wide range of retail ventures. The building's history as a grocery store suggests a strong foundation for continued commercial viability. Serious inquiries are encouraged to explore the potential of this prime commercial real estate offering. The property is ready for immediate occupancy and offers a compelling opportunity for a savvy investor or business owner seeking a well-established location with significant potential for growth. Its strategic placement on Highway 86 ensures high visibility and easy access for customers.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bovina
    County
    Parmer
    State
    Texas
    Longitude
    -102.89
    Latitude
    34.5113

    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
    $3,676
    $48,000
    $156,977
    $204,977
    -
    $48,000
    $156,977
    $204,977

    Comparable in this City

    • Value Estimation by Request
      0.98 Acres

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      804 Boyce St

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      300 Railroad Rd

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      COMMERCIAL (GENERAL) • 2,900 SF
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      300 SF

      Bovina, TX 79009

      COMMERCIAL (GENERAL) • 300 SF
      Bovina, TX 79009
      View Details
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    800 Highway 86
    Bovina, TX 79009
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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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