Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Highway Frontage Commercial Land Title is generated by Realmo AI

    0012 S Hwy 181, Kenedy, TX 78118

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land with highway frontage, suitable for various businesses.

    Type:Land
    Added:
    Aug 22, 2023
    Days on Market:
    1009
    Last Refresh:
    May 13 at 8:20 pm

    Property Features for 0012 S Hwy 181

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Romelda Cantu

    Listing agent Romelda Cantu License #617822

    Listing office Eagle Ford Real Estate

    Listing date Aug 22, 2023

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Eagle Ford Real Estate

    HighLights

    • Prime location on Highway 181
    • Suitable for mini storage buildings
    • Suitable for Recreational Vehicle Park (RV park)
    • Suitable for an independently owned business
    • Close proximity to new businesses
    • Endless possibilities for development

    Overview

    This property presents opportunities for development, including mini storage buildings, a recreational vehicle park, or an independently owned business. The location benefits from the activity of Highway 181 and proximity to neighboring businesses.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Center Auto Repair Shop Gym & Fitness Center Department Store Building Supply Discount Store Electrical Service Car Rental Facility Bakery

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kenedy
    County
    Bee
    State
    Texas
    Longitude
    -97.880155
    Latitude
    28.849901

    Nearby Similar for Sale

    • $595,000

      Kenedy, TX Commercial Land

      9.76-acre tract with development potential off US Highway 181.
      Boardwalk, Kenedy, TX 78119
      View Details
    • $399,000

      Unrestricted Land on US Highway

      25+/- acres of unrestricted land with highway frontage in Kenedy, TX.
      US Highway 181 S, Kenedy, TX 78119
      View Details
    • $595,000

      Kenedy, Texas Development Opportunity

      9.76-acre tract with development potential off US Highway 181.
      000 Boardwalk, Kenedy, TX 78119
      View Details
    • $395,000

      Established RV Park in Kenedy

      Established RV Park on 8 acres with expansion potential.
      1197 Fm 2443, Kenedy, TX 77963
      View Details
    • $450,000
      4,500 SF

      Versatile Mixed-Use Property on 3.4 Acres

      3.4-acre property ideal for trucking, logistics, or investment.
      298 Highway 239, Kenedy, TX 78119
      View Details
    • $99,500

      Kenedy, TX Land Tract

      Small acreage tract near Kenedy, between San Antonio and Corpus Christi.
      TR 1 FM 882 lot: 1, Kenedy, TX 78119
      View Details
    • $395,000

      Established RV Park in Karnes

      Established RV Park on 8 acres with expansion potential.
      1197 FM 2443 Road, Kenedy, TX 78119
      View Details
    • $75,000

      Land For Sale in Kenedy

      Vacant land in Kenedy, TX, ready for development.
      TR 6 County Road 253 lot: 6, Kenedy, TX 78119
      View Details
    • $95,000

      Kenedy, TX Farm Land

      Clean, level farm land in Kenedy, Texas.
      County Road 253 lot: 8, Kenedy, TX 78119
      View Details
    • $420,000

      56 Acres Hunting Land, Kenedy

      56+ acre hunting land with water well near Kenedy.
      S County Road 153, Kenedy, TX 78119
      View Details
    • $30,000

      LAND - Kenedy, TX

      Nottingham Ln lot: 81 Blk A, Kenedy, TX 78119
      View Details
    • $719,900

      Land For Sale

      Land available on Rockhill Road, Kenedy, Texas.
      0000 Rockhill Rd, Kenedy, TX 79119
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with highway frontage, suitable for various businesses.
    Where is this commercial land located?
    The property is located at 0012 S Hwy 181 Kenedy, TX.
    What is the asking price?
    The asking price for this property is $204,000.
    What are key features of this property?
    This property features: Prime location on Highway 181; Suitable for mini storage buildings; Suitable for Recreational Vehicle Park (RV park)
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Romelda Cantu
    Real Estate License ID: 617822
    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

    Thank You for Inquiry
    0012 S Hwy 181, Kenedy, TX 78118
    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!