937 State Highway 19Emory, TX 75440

  • Commercial real estate
  • 3,504 SF
For Sale
$190,000 View listing

Property Details for 937 State Highway 19

Year built
1970
Lot size
0.60 AC
Property size (Sq ft)
3,504 SF
Property type
Commercial real estate
APN
1707
APU
1707

Description

This exceptional commercial property, located at 937 S State Highway 19 in Emory, Texas, presents a unique business opportunity. Priced to sell at $190,000, this retail space boasts 5,004 square feet situated on a 1.4-acre corner lot. The property benefits from significant road frontage on two sides, ensuring maximum visibility and exposure to the high volume of traffic on Highway 19, a very active thoroughfare. The strategic location offers excellent potential for a variety of retail businesses. Ample parking is available on-site, providing convenience for customers and employees. The property consists of two combined parcel IDs, offering flexibility and potential for expansion. This prime location is outside city limits. All information should be independently verified by the buyer. Don't miss this chance to establish your business in a high-traffic, highly visible location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $874,564
    6.5%
    $807,290
    7%
    $749,626
  • Comparable approach

    Method
    Valuation
    Relative Method
    $512,500
    Geo Method
    $421,601
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,606,940
    Retail / Commercial
    $820,591
    Mixed-Use / Specialty
    $814,955
    Hospitality / Lodging
    $594,377
    Office
    $807,290
    Institutional / Educational
    $846,256
    Residential Income
    $990,119
    Multifamily
    $1,202,530
    Automotive / Energy
    $725,362
    Parking / Income-Based Land
    $252,992
    Restaurant / Food Service
    $418,078
    Healthcare / Senior Housing
    $838,501

Location Insight

City
Emory
County
Rains
State
Texas
Latitude
32.8627
Longitude
-95.774

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
$1,150
$79,055
$25,300
$104,355
-
$79,055
$25,300
$104,355

FAQs

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