Sign Up Successful!
You now have access to more from Realmo!
    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

    704 W Toledo Ave, Unit 2 Seadrift, TX 77983

    Sponsored
    For Sale
    $55,000

    LAND - Seadrift, TX

    Lot size:
    0.16 Acres
    Days on Market:
    111
    Last Refresh:
    Feb 24 at 2:06 am

    Property Features for 704 W Toledo Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    28799
    Lot size
    0.16 Acres

    We can help!

    Listing Contact
    Kathleen Lambright

    Pooley Land & Realty Company (361) 579-9019

    Listing agent Kathleen Lambright (361) 935-0977 License #0467984

    Listing date Nov 6, 2025

    MLS# 546915

    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

    Seadrift, TX Interior Lot

    This interior lot, measuring 50'x142' with an 8' rear alley, is located on the unimproved part of W. Toledo Ave. There are no restrictions on the property. The lot is covered in brush and small trees. The location is near all services and minutes from the City Harbor boat ramp, lighted fishing pier, and park. Information regarding utility installation costs can be obtained from Seadrift City Hall during business hours. A survey will be at the Buyer's expense if required. The lot size is 0.163 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Seadrift
    County
    Calhoun
    State
    Texas
    Longitude
    -96.6627
    Latitude
    28.4046

    Nearby Similar for Sale

    • New
      $320,000
      1,440 SF

      Seadrift Duplex: Coastal Investment Gem

      Income-producing duplex on a 1-acre lot near San Antonio Bay.
      19 Dewberry Ln, Seadrift, TX 77983
      View Details
    • $189,900
      2,250 SF

      Seadrift Four-Plex Investment Opportunity

      Four-plex in Seadrift with updated units and income potential.
      103 5Th St, 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 St, Seadrift, TX 77983
      View Details
    • $199,000
      0.95 Acres

      Waterfront Lot with Sunset Views

      Waterfront .945 acre lot with bulkhead and concrete sidewalk.
      Bayside Dr, Seadrift, TX 77983
      View Details
    • $130,000
      2,325 SF

      Seadrift Commercial Concrete Block Building

      Commercial building with meeting room, kitchen, and two bathrooms.
      307 W Denver Ave, Seadrift, TX 77983
      View Details
    • $105,000
      0.33 Acres

      Seadrift, TX RV Ready Lots

      Two lots with RV and boat storage near San Antonio Bay.
      507 10Th St, Seadrift, TX 77983
      View Details
    • $375,000
      1,440 SF

      Seadrift Duplex with Ample Storage

      Income-producing duplex on a 1-acre lot near San Antonio Bay.
      19 Dewberry Ln, Seadrift, TX 77983
      View Details
    • $375,000
      1,440 SF

      Seadrift Duplex with Ample Storage

      Income-producing duplex on a 1-acre lot near San Antonio Bay.
      19 Dewberry Ln, Seadrift, TX 77983
      View Details
    • $339,000

      Seadrift Barnominium on 5 Acres

      5 acre property with barnominium, RV slots, boat barns.
      171 Deer Meadows Ln, Seadrift, TX 77983
      View Details
    • $378,900

      Seadrift Specialty Property for Sale

      Specialty property available for purchase in Seadrift, Texas.
      407 Oakland Ave, Seadrift, TX 77983
      View Details
    • $650,000

      Seadrift Specialty Property For Sale

      Specialty property available for purchase in Seadrift, Texas.
      185 E Tiki Dr, Seadrift, TX 77983
      View Details
    • $319,000

      Seadrift Specialty Property For Sale

      Specialty property available in Seadrift, Texas.
      404 S 13Th St, Seadrift, TX 77983
      View Details

    FAQs

    What type of property is this?
    Land - Interior lot near services, harbor, and fishing pier.
    Where is this land located?
    The property is located at 704 W Toledo Ave, Unit 2 Seadrift, 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: - Unrestricted land use offers flexibility for building or development.; - Enjoy recreational opportunities with proximity to City Harbor boat ramp, lighted fishing pier, and park.; - Convenient location near essential services.
    (361) 648-6781
    Request Owner's contact information
    704 W Toledo Ave, Unit 2 Seadrift, TX 77983
    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.
    704 W Toledo Ave, Unit 2
    Seadrift, TX 77983
    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
    704 W Toledo Ave, Unit 2 Seadrift, TX 77983
    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
    Kathleen Lambright
    Real Estate License ID: 0467984
    (361) 648-6781 (361) 935-0977 (361) 785-2125
    Learn more
    Google sign-in failed. Please try again or use another login method.