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

    302-304 S 13th Street lot 1 & 2, Seadrift, TX 77983

    View on Map
    Claim this Listing
    For Sale
    $165,000

    LAND - Seadrift, TX

    Property size:
    560 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $294/SF
    Added:
    Oct 2, 2024
    Days on Market:
    611
    Last Refresh:
    Jun 4 at 7:06 am

    Property Features for 302-304 S 13th Street lot 1 & 2

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    79999, 80000
    Size
    560 SF
    Lot size
    0.32 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    SANDHILL LANDING SUBD (SEAD), BLOCK 2, LOT 1 AND 2 (63'X110' EACH)
    Tax Annual Amount
    1096

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Kathleen Lambright

    Listing agent Kathleen Lambright License #0467984

    Listing office Pooley Land & Realty Company 230 Michigan, TX

    Listing date Oct 2, 2024

    MLS# 558611 Listing URL

    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.

    HighLights

    • Large corner lot with 126' frontage on 13th St. & 142' frontage on Cleveland Ave.
    • Metal structure built in 2018 to windstorm regulations.
    • City water and sewer installed on Lot 1; water/sewer taps on Lot 2.
    • Minutes from City Harbor, boat ramp, public fishing pier, park, and walking trails.
    • Attached carport with tall clearance.
    • Lots have been raised and leveled with gravel driveway and culvert access.

    Overview

    These corner and interior lots offer 126 feet of frontage on 13th Street and 142 feet of frontage on Cleveland Avenue. A metal structure on a slab with an attached carport is present. The front has roll-door access. City water, sewer, and electricity are installed on Lot 1. Lot 2 has water and sewer taps on site, but they are not connected to any structure. The metal unit was intended to be outfitted as a living area. The carport is tall, and everything was built in 2018 to windstorm regulations. A gravel base is present on the driveway with culvert access on Lot 1. All lots have been raised and leveled. The location is minutes from the City Harbor, boat ramp, public fishing pier, park, and walking trails. The total lot size is 0.318 acres. The property is restricted by deed to no mobile or modular units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Auto Repair Shop Hair Salon Big Box & Wholesale Store Nail Salon Gym & Fitness Center Bar & Pub Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Seadrift
    County
    Calhoun
    State
    Texas
    Longitude
    -96.724205
    Latitude
    28.414309

    Nearby Similar for Sale

    • $1,000,000
      25,944 SF

      Established Boat Storage Investment Property

      70-unit boat storage facility on 1.96 acres in Seadrift, TX.
      701 State Highway 185, Seadrift, TX 77983
      View Details
    • $140,000
      1,248 SF

      Seadrift Land For Sale

      Corner lot suitable for storage or redevelopment near harbor.
      101-105 W AUSTIN Avenue lot: 10, Seadrift, TX 77983
      View Details
    • $375,000

      Highway Frontage Lot in Seadrift

      1.589-acre corner lot suitable for commercial or residential development.
      Highway 185 lot: 3, Seadrift, TX 77983
      View Details
    • $375,000

      Highway Frontage Lot in Seadrift

      1.52-acre lot suitable for commercial or residential development.
      Highway 185 lot: 3, Seadrift, TX 77983
      View Details
    • $75,000

      Seadrift Land Available For Sale

      Three lots near San Antonio Bay with owner financing.
      1603-1607 W CLEVELAND Avenue lot: 9, 10, 11, Seadrift, TX 77983
      View Details
    • $99,500
      800 SF

      Seadrift Land with Utilities

      Corner lot with utilities near harbor and bay access.
      709-711 W OAKLAND Avenue lot: 7, 8, Seadrift, TX 77983
      View Details
    • $82,500

      Seadrift Land for Sale

      Land with no restrictions, near San Antonio Bay.
      1609 W CLEVELAND Avenue lot: 5, Seadrift, TX 77983
      View Details
    • $90,000
      936 SF

      Seadrift Commercial Unit on Main

      Commercial unit on Main Street in Seadrift, Texas.
      505 S Main Street, Seadrift, TX 77983
      View Details
    • $375,000

      Highway Frontage Lot in Seadrift

      1.589-acre lot suitable for commercial or residential development.
      Highway 185, Seadrift, TX 77983
      View Details
    • $375,000

      Highway Frontage Lot in Seadrift

      1.52-acre corner lot suitable for commercial or residential development.
      Highway 185, Seadrift, TX 77983
      View Details
    • $140,000

      Seadrift, TX Corner Lot

      Corner lot with utilities available near City Harbor and Bayfront Park.
      502-508 S Main Street lot: 11, Seadrift, TX 77983
      View Details
    • $115,000

      Seadrift Land Near City Harbor

      Land with utilities on site, near harbor and boat ramp.
      510-514 S Main Street, Seadrift, TX 77983
      View Details

    FAQs

    What type of property is this?
    Commercial land - Corner lots with utilities near harbor, boat ramp, and park.
    Where is this commercial land located?
    The property is located at 302-304 S 13th Street lot 1 & 2 Seadrift, TX.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: Large corner lot with 126' frontage on 13th St. & 142' frontage on Cleveland Ave.; Metal structure built in 2018 to windstorm regulations.; City water and sewer installed on Lot 1; water/sewer taps on Lot 2.
    (361) 648-6781
    We can help!
    Listing Contact
    Kathleen Lambright
    Real Estate License ID: 0467984
    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
    302-304 S 13th Street lot: 1 & 2, Seadrift, TX 77983
    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!