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

    0 Elysian Feilds Ave Marshall, TX 75670

    View on Map
    For Sale
    $8,300,000

    Residential - Marshall, TX

    Lot size:
    0.17 Acres
    Added:
    Mar 11, 2026
    Days on Market:
    22
    Last Refresh:
    Apr 1 at 2:06 am

    Property Features for 0 Elysian Feilds Ave

    General Information

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

    Taxes and HOA fees

    TaxAnnualAmount
    40.53

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kimberly Holmes

    Listing agent Kimberly Holmes License #0831863

    Listing office eXp Realty, LLC-Austin 9600 Great Hills Trail, Austin, TX

    Listing date Mar 11, 2026

    MLS# 26003256 Listing URL

    Copyright © 2026 Greater Tyler Association 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

    Vacant Lot Near I-20

    This 0.1650-acre vacant lot presents a great investment opportunity in Marshall, TX. Situated on Elysian Fields Ave, the property is conveniently located near I-20 and local amenities. The property is adjacent to 2401 Elysian Fields Ave and offers excellent potential for new construction. Intended use of the property is for residential purposes. Buyers should verify utilities, zoning, and building restrictions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Marshall
    County
    Harrison
    State
    Texas
    Longitude
    -94.3321
    Latitude
    32.4675

    Nearby Similar for Sale

    • $650,000

      Versatile Commercial Property on Hwy 59

      3.14 acres with metal building and office space.
      5947 Hwy 59 N, Marshall, TX 75670
      View Details
    • $315,000

      Functional Office Space For Sale

      5,220 SF office space suitable for healthcare or professional use.
      401 N Grove, Marshall, TX 75670
      View Details
    • $189,900

      Versatile Commercial Property in Marshall, TX

      High-visibility commercial property suitable for office or service-based businesses.
      2001 E Grand Ave., Marshall, TX 75672
      View Details
    • $250,000

      Marshall, TX Office Opportunity

      Two buildings suited for nonprofit, assisted living, or office campus.
      204 N Alamo, Marshall, TX 75670
      View Details
    • $136,000

      Commercial Building Near Downtown Marshall

      1700 sq ft commercial building near downtown Marshall, TX.
      614 S Washington, Marshall, TX 75670
      View Details
    • $450,000

      Former Nursing Facility on 27 Acres

      Redevelopment opportunity: former 50-bed nursing facility on 27 acres.
      7470 State HWY 154, Marshall, TX 75670
      View Details
    • $1,300,000

      Income Producing Duplex Property

      20-unit duplex in Marshall, TX with high occupancy rate.
      411 Johnson Street, Marshall, TX 75670
      View Details
    • $290,000

      51 Acres of Recreational Land

      51-acre property with recreational potential in Marshall, Texas.
      0000 Red Oak Road, Marshall, TX 75670
      View Details
    • $109,900

      Downtown Marshall Commercial Opportunity

      Commercial property in downtown Marshall with warehouse and fenced lot.
      200 E Bowie, Marshall, TX 75670
      View Details
    • $149,000

      38 Acres of Piney Woods

      38 acre tract with lush pine trees near Marshall, TX.
      0 Jewell Gooch Road, Marshall, TX 75670
      View Details
    • $639,500

      Marshall, Texas Acreage For Sale

      159.7 acres in East Texas with FM 3001 frontage.
      TBD FM 3001 W, Marshall, TX 75670
      View Details
    • $580,000

      Undeveloped Acreage in Marshall, Texas

      73+ acre undeveloped property ideal for home, farm, or subdivision.
      697 Airlite, Marshall, TX 75670
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.165-acre vacant lot near I-20 in Marshall, TX.
    Where is this commercial land located?
    The property is located at 0 Elysian Feilds Ave Marshall, TX.
    What is the asking price?
    The asking price for this property is $8,300,000.
    What are key features of this property?
    This property features: Great investment opportunity; Conveniently located near I‑20; Located near local amenities
    (903) 227-2343
    We can help!
    Listing Contact
    Kimberly Holmes
    Real Estate License ID: 0831863
    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!