Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    I-20 Service Rd Coahoma, TX 79511

    View on Map
    Claim this Listing
    For Sale
    $75,000

    LAND - Coahoma, TX

    Lot size:
    3.75 Acres
    Added:
    May 2, 2023
    Days on Market:
    1096
    Last Refresh:
    May 1 at 12:06 am

    Property Features for I-20 Service Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    3.75 Acres

    Taxes and HOA fees

    Tax Description
    Acres 3.75, PT W/2 OF SC 42 BK 29 1N 003 7.52 ACRES ACQ 03062019

    We can help!

    Listing Contact
    Thomas Johnston ABR /CNHS
    Thomas Johnston ABR /CNHS

    Listing agent Thomas Johnston ABR /CNHS License #0542176

    Listing office The Real Estate Ranch LLC 6 Desta Drive Suite 1260, Midland, TX

    Listing date May 2, 2023

    MLS# 50058365 Listing URL

    Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Coahoma, TX Land For Sale

    This 3.75-acre tract of commercial land is located in Coahoma, TX, with I-20 frontage and rail access located directly behind the property. Situated at the Gate of the Permian Basin, just off Rattle Snake Gap on the Howard/Mitchell County line, this location offers high visibility. The property is positioned to benefit from the increasing activity in Howard, Glasscock, and Martin Counties. It is suitable as a staging yard. The property is available as a 7.4-acre tract or two 3.75-acre tracts.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Coahoma
    County
    Howard
    State
    Texas
    Longitude
    -101.257
    Latitude
    32.3417

    Nearby Similar for Sale

    • $85,000
      900 SF

      Coahoma Drive-Thru Restaurant Opportunity

      High-traffic location with drive-thru, ideal for quick-service operations.
      308 S Broadway St, Coahoma, TX 79511
      View Details
    • $1,720,000

      215 Acres in Coahoma, TX

      Versatile 215-acre tract ideal for livestock, recreation, or development.
      S Snyder Field Rd, Coahoma, TX 79511
      View Details
    • $218,000
      1,500 SF

      Newly Built Shop Near I-20

      New shop near I-20 with septic system on 0.8 acres.
      103 Thomas Ave, Coahoma, TX 79720
      View Details
    • $48,000

      Land in Coahoma, Texas

      One acre of land ready for building in Coahoma.
      409 SW Broadway St, Coahoma, TX 79720
      View Details
    • $25,000

      Residential Lot in Coahoma, TX

      Residential lot with utilities available in Coahoma, Texas.
      407 College St, Coahoma, TX 79720
      View Details
    • $14,900

      Coahoma, TX Corner Lot

      Prime corner lot in Coahoma ISD for custom build.
      300 S 2nd St, Coahoma, TX 79511
      View Details
    • $20,000

      Coahoma, TX Land For Sale

      Land in Coahoma ISD with city utilities.
      300 Main St, Coahoma, TX 79511
      View Details
    • $140,000

      Coahoma, TX Land For Sale

      7.4 Acres with I-20 frontage and rail access.
      I-20 Service Rd, Coahoma, TX 79511
      View Details
    • $12,000

      Vacant Lot in Coahoma, TX

      Vacant lot with city utilities, ready for new construction.
      S Adams St, Coahoma, TX 79511
      View Details
    • $25,000

      Corner Lot in Coahoma, TX

      Corner lot with fenced area, carport, and storage building.
      210 E Rancier, Coahoma, TX 79511
      View Details
    • $218,000

      Newly Built Shop Off I-20

      Newly built shop with septic system, located off I-20.
      103 thomas ave, Coahoma, TX 79720
      View Details
    • $140,000

      I-20 Frontage Land Available

      7.52 acres with I-20 frontage and rail access.
      I-20 Frontage Rd, Coahoma, TX 79715
      View Details

    FAQs

    What type of property is this?
    Commercial land - 7.4 Acres with I-20 frontage and rail access.
    Where is this commercial land located?
    The property is located at I-20 Service Rd Coahoma, TX.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: I‑20 Frontage: Benefit from high visibility and accessibility.; Rail Access: Located directly behind the property for potential rail transport.; Permian Basin Location: Situated at the 'Gate of the Permian Basin', ideal for oil and gas related businesses.
    (512) 970-1610
    We can help!
    Listing Contact
    Thomas Johnston ABR /CNHS
    Thomas Johnston ABR /CNHS
    Real Estate License ID: 0542176
    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!