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Days261Days on Market
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$65,000

701 W Robertson St, Memphis, TX, 79245

$84,500 ARVInfo
On MarketInfo
CommercialInfo
Baths7,000 Sq Ft
price_per_sqft$9.29 / sqft
Year BuiltBuilt in 1990

Exterior

Lot Size7,013 sqft

Building Information

Year Built1990

Land Information

APN203468
Land UseCommercial
Legal DescriptionMEMPHIS ORIGINAL TOWN BLOCK: 24 LOTS: 23-24
Census Tract950500
Assessed Land Value$1,250
Assessed Improvement Value$39,840
Assessment Year2025

About this property

Commercial Building in a Downtown Memphis, TX Opportunity Zone Located just two blocks southwest of the historic downtown square, this property sits on a corner lot at 7th St. and W. Robertson St., right next to the Memphis Fire Department. With excellent visibility and accessibility, it's an ideal spot to establish your business. Property Features: • Front office/showroom space with large display windows (currently boarded) on two sides • Three separate sections in the back • Four garage doors along 7th St. plus one additional garage door off the alley • Versatile layout suited for multiple business uses This building has previously served as storage for classic cars, a general workshop, repair shop, and more. With plenty of space and flexible design, you can (see mor reimagine it to fit your unique business needs. Why This Property? " Prime location in a designated Opportunity Zone (rare for small rural towns in this region) " Great exposure for your brand or business " Ample space for retail, service, storage, or mixed-use potential Additional Details: " For Sale Only (not for lease) " All square footage per Hall County Appraisal District (HCAD) " Sold As Is, Where Is  all personal property to be removed before closing " Utilities have not been connected in decades " Buyers should conduct their own due diligence If you are ready to make your mark in a growing community, this building offers the visibility, space, and potential you have been looking for. NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY THE LISTING AGENT OR AN AGENT WHO HAS WRITTEN PERMISSION FROM THE LISTING AGENT. As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Agent, so please do not contact any of the owners directly. This property is not for Rent, not for Lease and Owner Financing is not available.

Investor Tools

Property Icon
$41,090
Estimated Property Value
$0Estimated Mortgage Balance
$41,090Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$84,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$390 /month
Positive
Cash Flow Estimate:
$130 /month

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Chad Holland

Chad Holland Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$91/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$889
$41,090
2025
$1,250
$39,840
$41,090
No

Tax History

Year
Tax Paid
Assessed Value
2025
$889
$41,090

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$41,090
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Memphis

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701 W Robertson St | Property Details | No Agent List