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

    312 Orange Merkel, TX 79536

    View on Map
    Sponsored
    For Sale
    Under Contract
    Contact for pricing

    Improved Land - Merkel, TX

    Lot size:
    0.32 Acres
    Days on Market:
    25
    Last Refresh:
    Mar 6 at 11:06 pm

    Property Features for 312 Orange

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    20654
    Lot size
    0.32 Acres

    Building Details

    Year built
    1972
    Architectural style
    Other

    We can help!

    Listing Contact
    Nicholas Fallecker

    Coldwell Banker Apex (972) 208-8797

    Listing agent Nicholas Fallecker (325) 690-4000 License #0787953

    Listing date Feb 10, 2026

    MLS# 21130712 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

    Land For Sale in Merkel, TX

    The property consists of three lots located on Orange Street in Merkel, Texas. The combined lot size is 0.321 acres. The lots are being sold as-is, cash, via Charitable Adult Rides and Services 501C3 Non Profit Charity. The sale is subject to the recording of the donation deed. The buyer is responsible for all closing costs, including any government transfer fees and taxes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Pharmacy Auto Repair Shop Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Merkel
    County
    Taylor
    State
    Texas
    Longitude
    -100.00948
    Latitude
    32.466521

    Nearby Similar for Sale

    • New
      $375,000
      1,880 SF

      Turn-Key Restaurant Opportunity, Merkel, TX

      Restaurant with equipment for sale off I-20 in Merkel, TX.
      9915 Interstate 20, Merkel, TX 79536
      View Details
    • $200,000
      0.89 Acres

      Retail/Restaurant Space Near Interstate 20

      High-traffic location suitable for retail or restaurant use.
      9210 Interstate 20, Merkel, TX 79536
      View Details
    • $845,000
      1,200 SF

      Merkel Farm/Ranch with Barndominium

      161.93-acre farm/ranch featuring a barndominium-style cabin and hunting amenities.
      631 County Road 352, Merkel, TX 79536
      View Details
    • $2,100,000
      3,045 SF

      Mulberry Canyon Ranch with Views

      162-acre ranch with luxury home and impressive infrastructure.
      483 S County Road 353, Merkel, TX 79536
      View Details
    • $2,400,000
      3,045 SF

      Mulberry Canyon Ranch with Views

      242-acre ranch with luxury home and impressive infrastructure.
      483 County Road 353, Merkel, TX 79536
      View Details
    • $399,900
      107.38 Acres

      Merkel Ranch with Remodeled Home

      107-acre Merkel, TX ranch featuring a remodeled home.
      5481 Fm 1235, Merkel, TX 79536
      View Details
    • $3,800,000
      987.94 Acres

      West Texas Hill Country Ranch

      987+ acre ranch featuring diverse terrain and recreational opportunities.
      718 W Cr 301, Merkel, TX 75455
      View Details
    • $1,450,000
      6,335 SF

      Elegant Home on Sprawling Ranch

      Sprawling 187-acre ranch featuring a beautifully constructed 4-bed, 4.5-bath home.
      10500 Cr 405, Merkel, TX 79536
      View Details
    • $150,000
      1,300 SF

      Merkel Retail Property - 1 Acre

      Prime Retail Space, 1300 sq ft, High Traffic Area
      381 Fm 707, Merkel, TX 79536
      View Details

    FAQs

    What type of property is this?
    Commercial land - Land available for purchase in Merkel, Texas.
    Where is this commercial land located?
    The property is located at 312 Orange Merkel, TX.
    What is the asking price?
    The asking price for this property is $14,999.
    What are key features of this property?
    This property features: - Three adjacent lots being sold together, offering a unique opportunity.; - Property includes addresses 312, 306, and 304 Orange St.; - Property is being sold by Charitable Adult Rides and Services 501C3 Non Profit Charity.
    (325) 690-4000
    Request Owner's contact information
    312 Orange Merkel, TX 79536
    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.
    312 Orange
    Merkel, TX 79536
    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
    312 Orange Merkel, TX 79536
    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
    Nicholas Fallecker
    Real Estate License ID: 0787953
    (325) 690-4000
    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!