Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1003 John Wayne Drive lot 33 Robstown, TX 78380

    View on Map
    For Sale
    $32,000

    LAND - Robstown, TX

    Lot size:
    0.15 Acres
    Added:
    Mar 25, 2024
    Days on Market:
    737
    Last Refresh:
    Mar 31 at 11:06 pm

    Property Features for 1003 John Wayne Drive lot 33

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    526200010330
    Lot size
    0.15 Acres

    Taxes and HOA fees

    TaxDescription
    MOBIL HOME ESTATES - RBST BLK 1 LOT 33

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Gene Guernsey
    Gene Guernsey

    Listing agent Gene Guernsey License #0372996

    Listing office Gene Guernsey & Assoc.Realtors 3546 S Alameda, Corpus Christi, TX

    Listing date Mar 25, 2024

    MLS# 439126

    Copyright © 2025 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Robstown, TX Interior Lot

    This interior lot, with a size of 0.15 acres, is located in Robstown, TX. It is available for mobile homes, and some new homes are being built in the area. The property is near the new Tesla factory and a few minutes' drive to Hwy 77. There are 7 lots owned by the same seller that could be purchased as a package. The trailer has been removed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Pharmacy Accounting Firm Department Store Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Robstown
    County
    Nueces
    State
    Texas
    Longitude
    -97.68446
    Latitude
    27.783129

    Nearby Similar for Sale

    • $425,000
      17,132 SF

      Historic Robstown Property on Large Lot

      Historic property in Robstown, TX, suitable for adaptive reuse.
      107 N 4th Street, Robstown, TX 78380
      View Details
    • $259,000
      13,499 SF

      Robstown Commercial Opportunity on Main

      Commercial building on Main Street with renovation potential.
      319 E Main Avenue, Robstown, TX 78380
      View Details
    • $399,000
      2,634 SF

      Multi-Use Property with Highway Frontage

      Versatile property with commercial building and residential home on 1.67 acres.
      110 S US Hwy 77, Robstown, TX 78380
      View Details
    • $160,000
      10,470 SF

      Robstown Commercial Comeback Opportunity

      High-visibility corner lot with a large building and redevelopment potential.
      611 Lincoln Avenue, Robstown, TX 78380
      View Details
    • $325,000
      2,000 SF

      Versatile Commercial Building on Highway

      Metal building with office, workshop, and highway frontage.
      612 US Hwy 77 S Bypass, Robstown, TX 78380
      View Details
    • $95,000

      6 Acres Corner Lot Robstown

      Corner lot with highway and railroad frontage in Robstown, TX.
      6ac Highway 44 lot: 8, Robstown, TX 78380
      View Details
    • $375,000

      Unrestricted Land in Robstown, TX

      10 acres of unrestricted land near schools and city amenities.
      3427 County Road 26 lot: 11, Robstown, TX 78380
      View Details
    • $73,500

      Robstown Land Near HEB

      High-traffic location near HEB, ideal for building a business.
      Avenue A E lot: E177, Robstown, TX 78380
      View Details
    • $350,000

      Residential Land in Calallen ISD

      1.7+/- acre property with shop in a coveted neighborhood.
      5581 River Trail Drive lot: 25, Robstown, TX 78380
      View Details
    • $49,999

      Vacant Land in Robstown, TX

      2.6 acre vacant lot for residential or investment purposes.
      6850 Theresia Street, Robstown, TX 78380
      View Details
    • $95,000

      Two Acre Lot in Robstown

      Two acre lot in prime location near Calallen.
      5560 County Road 101 lot: 6, Robstown, TX 78380
      View Details
    • $400,000

      Robstown Commercial Land For Sale

      Approximately 2 acres of commercial land in a prime location.
      2729 IH 69 lot: 6, Robstown, TX 78380
      View Details

    FAQs

    What type of property is this?
    Land - Interior lot suitable for mobile homes or new construction.
    Where is this land located?
    The property is located at 1003 John Wayne Drive lot 33 Robstown, TX.
    What is the asking price?
    The asking price for this property is $32,000.
    What are key features of this property?
    This property features: Proximity to the new Tesla factory.; Suitable for mobile homes or new construction.; Public water and sewer connections available.
    (361) 960-7653
    We can help!
    Listing Contact
    Gene Guernsey
    Gene Guernsey
    Real Estate License ID: 0372996
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!