Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Shiner, TX Multi-Use Land Title is generated by Realmo AI

    US Hwy 90, Shiner, TX 77984

    View on Map
    Claim this Listing
    For Sale
    $550,000

    COMMERCIAL - Shiner, TX

    Lot size:
    4.89 Acres
    Added:
    Nov 20, 2023
    Days on Market:
    924
    Last Refresh:
    Jun 1 at 12:06 pm

    Property Features for US Hwy 90

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    R29621
    Lot size
    4.89 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    A0458 THOMAS TOBY - JOS BATES JR, ACRES 4.8907
    Tax Annual Amount
    7

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Jeff Pesek

    Listing agent Jeff Pesek License #0644705

    Listing office Pesek Property, LLC P.O. Box 973, Shiner, TX

    Listing date Nov 20, 2023

    MLS# 526717

    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.

    HighLights

    • 4.89 acres within Shiner city limits, ideal for your next project.
    • Suitable for commercial or residential use.
    • City of Shiner water access (8‑inch main).
    • City of Shiner electrical access with 3‑phase power available.
    • Public water source.
    • Public sewer.

    Overview

    This 4.89-acre property is located within the city limits of Shiner, Texas. The land is suitable for either commercial or residential use. The property has access to City of Shiner water, with an 8-inch main available, as well as City of Shiner electrical services, with 3-phase power available. This property is ideal for investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Shiner
    County
    Lavaca
    State
    Texas
    Longitude
    -97.1461
    Latitude
    29.4258

    Nearby Similar for Sale

    • $800,000
      6,395 SF

      Shiner, TX Commercial Building

      Versatile commercial building suitable for restaurant, retail, or office use.
      317 N Avenue E, Shiner, TX 77984
      View Details
    • $180,000
      1,220 SF

      Turnkey Car Wash in Shiner, TX

      Self-serve car wash with expansion potential in growing Shiner.
      806 N Avenue G, Shiner, TX 77984
      View Details
    • $950,000
      6,400 SF

      Versatile Commercial Building For Sale

      6,400 SF commercial building suitable for restaurant, retail, or office.
      317 N Avenue E, Shiner, TX 77984
      View Details
    • $475,000

      Shiner, TX Commercial Land

      4.234 acres with highway frontage and city utilities.
      US Hwy 90A, Shiner, TX 77984
      View Details
    • $1,800,000
      11,047 SF

      Unrestricted Ranch with Equestrian Potential

      14.598± acre ranch suitable for various uses.
      119 Fm 1891, Shiner, TX 77984
      View Details
    • $130,000

      Shiner, TX 8-Acre Land

      8-acre property near Shiner, TX, with pond and utilities.
      County Road 335 lot: 4, Shiner, TX 77984
      View Details
    • $195,000

      Scenic 1.87 Acre Lot

      1.87 acre lot with scenic views and creek access.
      511 CR 362 lot: 9, Shiner, TX 77984
      View Details
    • $190,000

      Shiner, TX Acreage Lot

      1.60 acre lot with large oak tree and seasonal creek.
      511 CR 362 lot: 2, Shiner, TX 77984
      View Details
    • $225,000

      Shiner, TX Land For Sale

      4.79 acre lot with seasonal creek in Shiner, TX.
      511 CR 362 lot: 5, Shiner, TX 77984
      View Details
    • $150,000

      Shiner, TX Hilltop View Lot

      1.97 acre lot with water well and country views.
      511 CR 362 lot: 10, Shiner, TX 77984
      View Details
    • $235,000

      Shiner, TX Land For Sale

      4.90 acre lot with water frontage in Shiner, TX.
      511 CR 362 lot: 6, Shiner, TX 77984
      View Details
    • $170,000

      Shiner, TX Land For Sale

      2.37 acre lot with build site and natural brush.
      511 CR 362 lot: 4, Shiner, TX 77984
      View Details

    FAQs

    What type of property is this?
    Commercial land - 4.89 acres suitable for commercial or residential development.
    Where is this commercial land located?
    The property is located at US Hwy 90 Shiner, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 4.89 acres within Shiner city limits, ideal for your next project.; Suitable for commercial or residential use.; City of Shiner water access (8‑inch main).
    (361) 772-3702
    We can help!
    Listing Contact
    Jeff Pesek
    Real Estate License ID: 0644705
    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

    Thank You for Inquiry
    US Hwy 90, Shiner, TX 77984
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!