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

    14330 Highway 281 S Santo, TX 76472

    View on Map
    Sponsored
    For Sale
    $1,700,000

    Unimproved Land - Santo, TX

    Type:Unimproved Land
    Lot size:
    6.11 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 15 at 3:06 am

    Property Features for 14330 Highway 281 S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    02768
    Lot size
    6.11 Acres

    Building Details

    Year built
    1972
    Building materials
    Brick, Concrete, Metal Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Sam Byrd

    Keller Williams Heritage West (254) 335-0500

    Listing agent Sam Byrd (254) 335-0500 License #717388

    Listing date Mar 13, 2026

    MLS# 21043521 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    6 Acres Commercial Land Opportunity

    This commercial property, located on a busy road south of Interstate 20 in Santo, Texas, offers over 6 acres of land with potential for various business ventures. The site previously operated as the Brazos RV Park, and remnants of the old infrastructure, including hook-ups and pull-throughs, are still present. The property includes two homes, each featuring 3 bedrooms and 2 bathrooms, along with carports. Additionally, there is an office building with an attached shop, a game room, and two bathrooms. The property also features a shop and several sheds suitable for equipment storage. Two water wells are located on the premises. The property has three entrances off of US Hwy 281, providing easy access. Situated directly south of The Maverick Travel Center on US Hwy 281, the location benefits from high visibility and traffic. The intersection of US Hwy 281 and Interstate Highway 20 is experiencing significant growth, making this an attractive location for business relocation or startup. The property is primed for its next owners and offers a location with high visibility to passing vehicles.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Santo
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.11182707
    Latitude
    32.60402116

    Nearby Similar for Sale

    • $8,495,000
      4,225 SF

      Premier Ranch with Developed Land

      Fully developed 448-acre ranch with luxury residence and recreational amenities.
      770 Sand Ln, Santo, TX 76472
      View Details
    • $2,749,999
      3,600 SF

      Santo Texas Equestrian Estate

      Luxury ranch retreat designed for horse enthusiasts on 75+ acres.
      1084 Beddo Mountain Rd, Santo, TX 76472
      View Details
    • $643,500
      28.60 Acres

      Texas Ranch Land Opportunity

      28.6 acres in Palo Pinto County, perfect for homesteading.
      Tbd Ward Mt, Santo, TX 76472
      View Details
    • $275,000

      Palo Pinto County Land

      20 acres of rolling pastures and gentle hills.
      0000 S Bosley Rd, Santo, TX 76472
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with infrastructure remnants and highway visibility in Santo.
    Where is this commercial land located?
    The property is located at 14330 Highway 281 S Santo, TX.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - Prime commercial location on high-traffic US Hwy 281 near Interstate 20, offering excellent visibility.; - Large 6+ acre lot with three highway entrances, providing ample space and accessibility.; - Includes two 3-bedroom, 2-bath homes with carports, offering immediate residential options.
    (254) 335-0500
    Request Owner's contact information
    14330 Highway 281 S Santo, TX 76472
    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.
    14330 Highway 281 S
    Santo, TX 76472
    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
    14330 Highway 281 S Santo, TX 76472
    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

    We can help!
    Listing Contact
    Sam Byrd
    Real Estate License ID: 717388
    (254) 335-0500 (254) 977-4950
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!