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

    606 E Central Avenue Nixon, TX 78140

    View on Map
    For Sale
    $55,000

    COMMERCIAL - Nixon, TX

    Lot size:
    0.24 Acres
    Added:
    Mar 4, 2026
    Days on Market:
    28
    Last Refresh:
    Apr 1 at 4:06 pm

    Property Features for 606 E Central Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    30395
    Lot size
    0.24 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    448 J J TEJADA TRACTS 5 IMP ON PARCEL 30069 SPLIT FROM P#15861
    TaxAnnualAmount
    348

    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 Mar 4, 2026

    MLS# 606236

    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

    Commercial Lot on High Traffic Roadway

    This 0.24-acre commercial lot is located in Nixon, Texas. Situated on a high-traffic roadway, the property is suitable for the construction of a retail shop or commercial building.
    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 Skin Care Clinic Pharmacy Department Store 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
    -97.758579
    Latitude
    29.268918

    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
    • $500,000
      3,600 SF

      Nixon Commercial Property with Building

      4 acres with 3,600 SF metal building in Nixon, TX.
      12310 E Hwy 87, Nixon, TX 78140
      View Details
    • $180,000

      Nixon, TX Acreage Ready

      5.06 acres with well, septic, and electric meters.
      664 county road 483, 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

      Nixon, TX Commercial Opportunity

      Restaurant, retail, or office space on a high-traffic thoroughfare.
      204 E Central Avenue, Nixon, TX 78140
      View Details
    • $250,000

      Unrestricted 10-Acre Land Nixon

      Versatile 10-acre unrestricted land in Nixon, Texas.
      0 CR 483 nixon, Nixon, TX 78140
      View Details
    • $109,999

      Nixon, TX: Unrestricted 5-Acre Land

      5-acre residential land in Nixon, TX, with no restrictions.
      County Road 483, Nixon, TX 78140
      View Details
    • $130,000

      Residential Land in Nixon, TX

      Two-acre residential land available in Nixon, Texas.
      500 S Nixon Ave, 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
    • $289,855

      Nixon, TX Land Opportunity

      24.7 acres in Leesville, ideal for homesteading or recreation.
      County Road 157, Nixon, TX 78140
      View Details

    FAQs

    What type of property is this?
    Commercial land - Clear commercial lot suitable for retail or commercial building.
    Where is this commercial land located?
    The property is located at 606 E Central Avenue Nixon, TX.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: Clear lot ready for development; High traffic roadway location; Suitable for retail shop
    (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!