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

    204 E Central Avenue Nixon, TX 78140

    View on Map
    For Sale
    $400,000

    COMMERCIAL - Nixon, TX

    Property size:
    2,400 SF
    Lot size:
    0.34 Acres
    Added:
    Feb 26, 2025
    Days on Market:
    399
    Last Refresh:
    Apr 1 at 4:06 pm

    Property Features for 204 E Central Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    20104
    Size
    2,400 SF
    Lot size
    0.34 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    448 J J TEJADA
    TaxAnnualAmount
    2312

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    2000
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    MetalSiding

    We can help!

    Listing Contact
    Morris Harvey

    Listing agent Morris Harvey License #0452764

    Listing office Mustang Realty P.O. Box 670, Nixon, TX

    Listing date Feb 26, 2025

    MLS# 571234

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Nixon, TX Commercial Opportunity

    This commercial property in Nixon, Texas, presents an opportunity for restaurant, retail, or office spaces. The property is situated on a 0.3444-acre lot and includes a 2,400-square-foot building. Located on the main thoroughfare between San Antonio and Victoria, the property benefits from high traffic. The location is suitable for a restaurant, retail establishment, or office spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Nixon
    County
    Gonzales
    State
    Texas
    Longitude
    -97.766293
    Latitude
    29.266987

    Nearby Similar for Sale

    • $158,000
      3,880 SF

      Commercial Space with Endless Potential

      Large commercial space in Nixon, TX, with many possibilities.
      216 N Nixon Avenue, Nixon, TX 78140
      View Details
    • $95,000
      364 SF

      Retail Shop on Corner Lot

      Retail shop on high-traffic highway with gravel parking.
      608 E Central Avenue, Nixon, TX 78140
      View Details
    • $199,000
      5,412 SF

      Nixon Commercial Property For Sale

      Bar and open area near Main Street in Downtown Nixon.
      120 W 3rd Street, Nixon, TX 78140
      View Details
    • $250,000
      2,450 SF

      Restaurant or Retail Opportunity

      Commercial building in high-traffic area suitable for restaurant or retail.
      212 N Nixon Avenue, Nixon, TX 78140
      View Details
    • $400,000
      2,400 SF

      Restaurant/Retail or Office Space

      Located on the main thoroughfare with high traffic.
      204 E Central Avenue, Nixon, TX 78140
      View Details
    • $875,000

      50-Acre Ranch Property

      Ranch property with pastures, stock tank, and highway frontage.
      9912 FM 1681, Nixon, TX 78140
      View Details

    FAQs

    What type of property is this?
    Retail space - Restaurant, retail, or office space on a high-traffic thoroughfare.
    Where is this retail space located?
    The property is located at 204 E Central Avenue Nixon, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: High traffic location on the main thoroughfare between San Antonio and Victoria.; Suitable for Restaurant/Retail or Office Spaces.; Built in 2000.
    (830) 534-9063
    We can help!
    Listing Contact
    Morris Harvey
    Real Estate License ID: 0452764
    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!