107 Sabine StCarthage, TX 75633

Property Details for 107 Sabine St

Year built

1935

Lot size

0.06 AC

Property size (Sq ft)

2,500 SF

Property type

Commercial real estate

APN

15015

APU

15015

Description

This exceptional commercial property, situated at 107 W Sabine St in Carthage, Texas, presents a unique opportunity for a discerning investor or business owner. Located in a prime spot just off the town square, this property benefits from its position within a vibrant entertainment district. The surrounding area boasts a diverse range of established businesses, including the popular Grain and Grind Restaurant, Violet Shop, Fudge and More, Esquire Theater, and Pump Sports Batting Cages, ensuring high visibility and foot traffic. Currently configured as a retail space, successfully operating as a clothing and firearm sales store, this versatile property offers significant potential for a variety of uses. Whether you envision a new retail venture, a professional office, or another commercial enterprise, this location is hard to beat. The property's exact square footage is not currently available, but its prime location within a thriving commercial district makes it an attractive investment. The asking price is $180,000. This is a rare opportunity to acquire a well-situated commercial property in a bustling Texas town. Don't miss out on this chance to establish your business in a highly visible and desirable location. The property sits on a lot with zero acres.

• CAP approach

  CAP return

  Valuation

  6%

  $778,877

  6.5%

  $718,963

  7%

  $667,609

• Comparable approach

  Method

  Valuation

  Relative Method

  $472,199

  Geo Method

  $748,475

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,455,870

  Retail / Commercial

  $738,654

  Mixed-Use / Specialty

  $729,789

  Hospitality / Lodging

  $527,310

  Office

  $718,963

  Institutional / Educational

  $756,459

  Residential Income

  $885,057

  Multifamily

  $1,096,040

  Automotive / Energy

  $648,394

  Parking / Income-Based Land

  $229,909

  Restaurant / Food Service

  $366,270

  Healthcare / Senior Housing

  $754,775

Location Insight

City

Carthage

County

Panola

State

Texas

Latitude

32.1563

Longitude

-94.3388

Property Tax & Assessments

FAQs

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