Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land with Deed Restrictions Title is generated by Realmo AI

    20175 S Hwy 155 LOT F, Flint, TX 75762

    View on Map
    Claim this Listing
    For Sale
    $685,000

    LAND - Flint, TX

    Lot size:
    2.01 Acres
    Added:
    Dec 18, 2025
    Days on Market:
    169
    Last Refresh:
    Jun 5 at 12:06 pm

    Property Features for 20175 S Hwy 155 LOT F

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    100000001844002040
    Lot size
    2.01 Acres

    Taxes and HOA fees

    Tax Description
    ABST A0018 T QUEVADO TRACT 2D SEC 44
    Tax Annual Amount
    426

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Floors in Building
    1
    Number of units
    1

    We can help!

    Listing Contact
    Ray Ver Hey

    Listing agent Ray Ver Hey License #0498681

    Listing office Staples Commercial Group, LLC Frankston, TX

    Listing date Dec 18, 2025

    MLS# 20774243

    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.

    HighLights

    • Public water and public sewer service available
    • Deed restrictions prohibit C‑stores, grocery stores, and retailers of any kind selling gasoline, plus no full‑service breakfast restaurants with drive‑thru fast food burgers

    Overview

    This offering is a 2.01-acre commercial land parcel identified as Lot F. The property is subject to deed restrictions that will govern what types of operations can be established on-site. Those restrictions specifically limit certain categories of retailers and food concepts, including prohibitions on C-stores, grocery stores, and retailers of any kind selling gasoline, as well as restrictions involving full-service breakfast restaurants and drivethru fast food burger concepts.

    The property is located in Flint, Texas, at 20175 S Hwy 155, Lot F, within Smith County. The listing information provided identifies the parcel for sale and confirms its restricted-use framework, which can be an important factor for buyers evaluating compatibility with their intended business model.

    The deed restrictions make this land better suited for tenants and investors whose proposed use fits within the allowed category of retail and food service activity. Prospective buyers should review the deed restrictions carefully before underwriting or moving forward, since the limitations on gas sales and certain restaurant formats may exclude some common commercial tenants while still supporting a range of alternative uses that comply with the covenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Gym & Fitness Center Pharmacy Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Flint
    County
    Smith
    State
    Texas
    Longitude
    -95.436545
    Latitude
    32.181984

    Nearby Similar for Sale

    • $1,400,000

      Commercial Land with Highway Frontage

      Versatile 21+ acre tract with 1,300+ feet of Highway 155 frontage, suited for development, business, or ranch use.
      18021 State Highway 155 S, Flint, TX 75762
      View Details
    • $460,000
      2,760 SF

      Occupied Duplex Investment

      Well-maintained occupied duplex offers two 3-bedroom, 2-bath units with comfortable living space on about one acre.
      15135 County Road 1103, Flint, TX 75762
      View Details
    • $495,000

      Cleared Highway-Frontage Development Land

      Nearly five acres cleared for development with highway frontage and room for storage, RV/recreation, or mixed-use concepts.
      20942 State Highway 155 S, Flint, TX 75762
      View Details
    • $2,541,000

      New 8-Unit Townhome Complex

      Newly built, fully occupied townhome complex with value-add land for potential vertical development.
      18747 FM 2493, Flint, TX 75762
      View Details
    • $3,000,000

      Commercial Development Land Parcel

      Large commercial land parcel on Highway 155 in Flint, offering flexible options for a range of future uses.
      S HWY 155, Flint, TX 75762
      View Details
    • $600,000

      Commercial Development Land with Highway Access

      Small development pads with sewer and water in place on a high-traffic corridor; flexible uses subject to deed restrictions.
      20175 S Hwy 155 LOT C1, Flint, TX 75762
      View Details
    • $1,050,000

      Commercial Land with Highway Frontage

      Prime Highway 155 corridor land with utilities in place and flexible development potential near a major retail intersection.
      20175 Hwy 155, Flint, TX 75762
      View Details
    • $190,000

      Commercial Double Lot with Lake Views

      Double lot near Lake Palestine with highway frontage and an existing billboard lease on the property.
      21284 HWY 155 S, Flint, TX 75762
      View Details
    • $499,900

      Development-Ready Acreage Tract

      Versatile tract with mature oaks and creek-side setting, suited for residential development or other flexible uses.
      County Road 168, Flint, TX 75762
      View Details
    • $669,735

      Commercial Land with Utilities in Place

      Small commercial pad sites are available at a high-visibility highway intersection with sewer and water already in place.
      20175 S Hwy 155, Flint, TX 75762
      View Details
    • $2,900,000

      Road-Frontage Agricultural Land Tract

      Improved pastures with barns, ponds, and ag exemption support immediate income while offering development-ready flexibility.
      17104 County Road 1100, Flint, TX 75762
      View Details
    • $925,000

      Commercial Land with Highway Frontage

      Multi-acre commercial land with approximately 835 feet of frontage and E00 zoning for a wide range of uses.
      Hwy 155, Flint, TX 75762
      View Details

    FAQs

    What type of property is this?
    Commercial land - A 2.01-acre lot with deed restrictions limiting certain convenience, gas, and restaurant uses.
    Where is this commercial land located?
    The property is located at 20175 S Hwy 155 LOT F Flint, TX.
    What is the asking price?
    The asking price for this property is $685,000.
    What are key features of this property?
    This property features: Public water and public sewer service available; Deed restrictions prohibit C‑stores, grocery stores, and retailers of any kind selling gasoline, plus no full‑service breakfast restaurants with drive‑thru fast food burgers
    (903) 876-1051
    We can help!
    Listing Contact
    Ray Ver Hey
    Real Estate License ID: 0498681
    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

    Thank You for Inquiry
    20175 S Hwy 155 LOT F, Flint, TX 75762
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!