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

    1245 E King Avenue lot 5 Kingsville, TX 78363

    View on Map
    Claim this Listing
    For Sale
    $116,900

    LAND - Kingsville, TX

    Property size:
    1,748 SF
    Lot size:
    0.43 Acres
    Price / SF:
    $66/SF
    Added:
    Mar 9, 2026
    Days on Market:
    48
    Last Refresh:
    Apr 25 at 1:06 pm

    Property Features for 1245 E King Avenue lot 5

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    153600105000192
    Size
    1,748 SF
    Lot size
    0.43 Acres

    Taxes and HOA fees

    Tax Description
    PENNY, BLOCK 1, LOT 5-9

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Albert Garcia
    Albert Garcia

    Listing agent Albert Garcia License #0464140

    Listing office First Texas Realty 224 W King Ste. A, Kingsville, TX

    Listing date Mar 9, 2026

    MLS# 472972 Listing URL

    Copyright © 2026 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

    Commercial Land in Kingsville, TX

    This commercial property, located approximately two blocks east of US Highway 77/69 and two blocks west of the intersection of King and 14th in Kingsville, consists of five commercially zoned lots. The land offers visibility and accessibility and is versatile for retail, commercial, multifamily, or residential development. Utilities are available on the 0.43-acre (1748 square feet) property, making it suitable for investors, developers, or business owners looking to build in a growing area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Kingsville
    County
    Kleberg
    State
    Texas
    Longitude
    -97.851662
    Latitude
    27.51548

    Nearby Similar for Sale

    • $650,000
      5,080 SF

      Kingsville Commercial Building For Sale

      Remodeled building in Kingsville's historic downtown district.
      221 E Kleberg Avenue, Kingsville, TX 78363
      View Details
    • $199,000
      3,490 SF

      Kingsville Commercial Investment Opportunity

      Two commercial buildings on 0.5 acres with high visibility.
      290 N County Road 1040, Kingsville, TX 78363
      View Details
    • $775,000
      6,996 SF

      Kingsville Commercial Property on 3.64 Acres

      Versatile commercial property in Kingsville, Texas, with redevelopment potential.
      1111 E D Avenue, Kingsville, TX 78363
      View Details
    • $525,000
      4,233 SF

      Kingsville Commercial Investment Opportunity

      Corner lot with three rental spaces near university.
      620 N Armstrong Avenue, Kingsville, TX 78363
      View Details
    • $525,000
      6,000 SF

      Kingsville Commercial Investment Opportunity

      Two leased retail spaces in downtown Kingsville, offering immediate revenue.
      314, 316 E Kleberg Avenue, Kingsville, TX 78363
      View Details
    • $450,000
      3,514 SF

      Mixed-Use Property in Kingsville, TX

      Profitable laundromat with residential units for additional income.
      313 S 12th, Kingsville, TX 78363
      View Details
    • $5,000

      Kingsville Land: Floodway Restrictions

      Land in Kingsville floodway, potential for limited uses.
      480 W Corral Avenue lot: 50, Kingsville, TX 78363
      View Details
    • $200,000
      3,628 SF

      Kingsville Historical District Commercial Building

      Versatile commercial space in Kingsville's Historical District, ready for customization.
      312 N 6th Street, Kingsville, TX 78363
      View Details
    • $475,000
      352 SF

      Kingsville Commercial Land For Sale

      Prime commercial land in the heart of Kingsville, Texas.
      900 E Kenedy Avenue, Kingsville, TX 78363
      View Details
    • $44,999

      Kingsville Land Near Texas A&M

      Cleared lots near university, ready for development and investment.
      600 W Corral Avenue lot: 13-16, Kingsville, TX 78363
      View Details
    • $65,000

      Residential Lots in Kingsville, TX

      Six residential lots suitable for building up to three homes.
      1240 E Yoakum Avenue lot: 34-39, Kingsville, TX 78363
      View Details
    • $650,000
      5,080 SF

      Renovated Building in Historic Downtown

      Spacious, renovated building in Kingsville's historic downtown area.
      221 E Kleberg Avenue, Kingsville, TX 78363
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercially zoned lots suitable for various development projects.
    Where is this commercial land located?
    The property is located at 1245 E King Avenue lot 5 Kingsville, TX.
    What is the asking price?
    The asking price for this property is $116,900.
    What are key features of this property?
    This property features: Excellent visibility and accessibility near US Highway 77/69 and the intersection of King and 14th.; Five commercially zoned lots offer versatile development options.; Utilities are available, simplifying the development process.
    (361) 228-1342
    We can help!
    Listing Contact
    Albert Garcia
    Albert Garcia
    Real Estate License ID: 0464140
    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!