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

    207 W Grand Ave Yoakum, TX 77995

    View on Map
    Sponsored
    For Sale
    $520,000

    COMMERCIAL - Yoakum, TX

    Property size:
    8,608 SF
    Lot size:
    0.16 Acres
    Days on Market:
    13
    Last Refresh:
    Mar 8 at 6:06 am

    Property Features for 207 W Grand Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    20165
    Size
    8,608 SF
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Central
    Cooling system
    Window Unit(s), Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1894
    Floors in Building
    2
    Flooring type
    Marble, Carpet, Tile
    Building materials
    Masonry
    Roof type
    Flat

    We can help!

    Listing Contact
    Pam Ward

    Coldwell Banker - Ron Brown Co (361) 575-1446

    Listing agent Pam Ward (361) 575-1446 License #0657978

    Listing date Feb 24, 2026

    MLS# 598885

    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.

    Learn more

    Property Insight Report

    Overview

    Historic Yoakum Commercial Landmark

    This historic commercial property, originally the Yoakum National Bank building constructed in 1894, features a historical marker and spans over 8,000 square feet. Over 50% of the building has been renovated, including updated electrical and new plumbing, along with a 20-year roof. The property is currently income-producing, with most of the downstairs and two upstairs apartments leased. The main level includes marble floors and accents, a kitchenette, two half baths, a bar, and five original walk-in vaults. The open layout and high ceilings make the downstairs suitable for offices, retail, boutique storefronts, a tasting room, or an entertainment venue. Upstairs, accessible by front and rear stair access, features tall windows. Located on W. Grand Avenue in downtown Yoakum, the property benefits from high visibility, walkability, and proximity to local shops and restaurants. It is centrally located less than two hours from Austin, San Antonio, Houston, and Corpus Christi. The lot size is 0.1607 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Yoakum
    County
    Lavaca
    State
    Texas
    Longitude
    -97.15091
    Latitude
    29.289448

    Nearby Similar for Sale

    • New
      $350,000
      468 SF

      Prime Corner Lot in Yoakum

      0.24-acre corner lot with high traffic and small office.
      702 Us Highway 77A, Yoakum, TX 77995
      View Details
    • $149,900
      3,880 SF

      Versatile Commercial Building on Main Highway

      Adaptable 3,880 SF commercial building with high visibility.
      212 E Morris St, Yoakum, TX 77995
      View Details
    • New
      $650,000
      5,798 SF

      Yoakum Commercial Property For Sale

      Commercial property with restaurant and apartments in Yoakum, Texas.
      123 W May St, Yoakum, TX 77995
      View Details
    • $215,000
      1,832 SF

      Updated Duplex in Yoakum, TX

      Remodeled duplex with two units, garage, and income potential.
      404 Nelson St, Yoakum, TX 77995
      View Details
    • $759,000
      1,060 SF

      Texas Ranch with Highway Frontage

      49.41-acre Texas ranch featuring a farmhouse and highway frontage.
      2944 State Hwy. 111 West, Yoakum, TX 77995
      View Details
    • $1,050,000
      2 SF

      Rafter M Ranch For Sale

      57± acre ranch near Yoakum, Texas with custom home.
      403 Hickey Rd, Yoakum, TX 77995
      View Details
    • $425,000

      Versatile Commercial Building in Yoakum

      Multi-use building near downtown Yoakum, ideal for various businesses.
      217 West St, Yoakum, TX 77995
      View Details
    • $185,000

      Original Circle Y Building Offices

      1.5 story office building with existing offices and restrooms.
      201 Morris St, Yoakum, TX 77995
      View Details
    • $795,000
      18,990 SF

      Former Saddle and Leather Factory

      Former factory in South Central Texas, centrally located.
      100 Hickey St, Yoakum, TX 77995
      View Details
    • $279,000

      Downtown Commercial Property on Four Lots

      Commercial property on four lots with a 3,000 sqft building.
      801 Irvine St, Yoakum, TX 77995
      View Details
    • $565,000

      Horse Property with Training Facilities

      Horse property featuring stalls, paddocks, and training areas.
      2700 Crk 400 Rd, Yoakum, TX 77995
      View Details
    • $1,875,000

      Lavaca County Ranch For Sale

      Texas ranch land ideal for grazing and hunting.
      15272 State Highway 111 E, Yoakum, TX 77995
      View Details

    FAQs

    What type of property is this?
    Retail space - Iconic, income-producing property in downtown Yoakum with historical significance.
    Where is this retail space located?
    The property is located at 207 W Grand Ave Yoakum, TX.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: - Income-producing property with existing leases, providing immediate cash flow.; - Historical landmark: The original Yoakum National Bank building (built in 1894) with a historical marker.; - Significant renovations completed: Over 50% rehabbed, including new plumbing, updated electrical, and a 20-year roof.
    (361) 293-4885
    Request Owner's contact information
    207 W Grand Ave Yoakum, TX 77995
    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.
    207 W Grand Ave
    Yoakum, TX 77995
    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
    207 W Grand Ave Yoakum, TX 77995
    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
    Pam Ward
    Real Estate License ID: 0657978
    (361) 293-4885 (361) 575-1446
    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!