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

    Main St Madisonville, TX 77864

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,200,000

    High-traffic location, prime development opportunity.

    Property Features for Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    87,120 SF

    We can help!

    Listing Contact
    James Standley

    Listing Agency: Standley Real Estate Company, LLC Listing Agent: James Standley

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

    Learn more

    Overview

    This exceptional 2-acre commercial lot presents a remarkable investment opportunity in the thriving town of Madisonville, Texas. Strategically situated on State Highway 21, this property enjoys unparalleled visibility and accessibility, boasting a highly desirable location near a recently renovated McDonald's and adjacent to a Sonic Drive-In. Its proximity to Interstate 45 (a mere quarter-mile away) ensures convenient access to major transportation routes, maximizing exposure to a large customer base. The lot is ready for immediate development, featuring a newly constructed driveway entrance for easy ingress and egress. Essential utilities are readily available, with city water and sewer services conveniently located at the roadside. This prime commercial land offers significant potential for a wide range of businesses seeking a high-traffic location with excellent visibility and convenient access to major transportation arteries. The property's size and location make it ideal for a variety of commercial developments, promising a strong return on investment. Don't miss this chance to secure a piece of Madisonville's vibrant commercial landscape. Contact us today for further details and to explore the possibilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madisonville
    County
    Madison
    State
    Texas
    Longitude
    -95.91381
    Latitude
    30.94917

    Nearby Similar for Sale

    • $2,590,000
      4,350 SF

      Income-Producing Estate with Event Venue

      30-acre estate near downtown Madisonville with Southern charm.
      601 North Shipp St, Madisonville, TX 77864
      View Details
    • $995,000

      Renovated Retail Suites in Madisonville

      Newly renovated retail and hospitality suites in the heart of Madisonville.
      710 South May St, Madisonville, TX 77864
      View Details
    • $2,590,000
      4,350 SF

      Income-Producing Estate with Event Venue

      30-acre estate with home, venue, and income potential.
      601 N Shipp St, Madisonville, TX 77864
      View Details
    • $289,000

      Versatile Commercial Property in Madisonville

      Office and warehouse property with living quarters near I-45.
      212 South Tammye Ln, Madisonville, TX 77864
      View Details
    • Contact for pricing

      Medical Facility in Madisonville, TX

      New medical facility on Main St. near I-45.
      2006 East Main St, Madisonville, TX 77864
      View Details
    • $125,000

      Downtown Madisonville Office Building For Sale

      Established office building in downtown Madisonville, Texas, with flexible space.
      205 North Madison St, Madisonville, TX 77864
      View Details
    • $1,980,000

      French Colonial Estate on 42 Acres

      Elegant French Colonial estate with modern amenities on 42 acres.
      2790 Derby Ln, Madisonville, TX 77864
      View Details
    • $655,000

      Barndominium on Ag-Exempt Land

      Spacious barndominium on 16.72 acres between Houston and Dallas.
      8755 Greenbriar Rd, Madisonville, TX 77864
      View Details
    • $875,000

      Madisonville Ranch with Scenic Acres

      Ranch-style home on 29.66 acres with horse barn.
      4988 Paso Fino Ln, Madisonville, TX 77864
      View Details
    • $780,000

      Serene Country Home on Acres

      Home on 14.32 acres with detached three-car garage.
      2604 Kashka Ln, Madisonville, TX 77864
      View Details
    • $780,000
      1.38 Acres

      Madisonville Commercial Property - Turnkey Vet Clinic

      Vet Clinic, Barndominium, Hwy 90 Access
      Highway 90, Madisonville, TX 77864
      View Details
    • $550,000

      Unrestricted Ranch Property with Home

      27+ acres with a charming, accessible 2-bedroom ranch home.
      22455 Osr, Madisonville, TX 77864
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, prime development opportunity.
    Where is this commercial real estate located?
    The property is located at Main St Madisonville, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (936) 349-7378
    Request Owner's contact information
    Main St Madisonville, TX 77864
    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.
    Main St
    Madisonville, TX 77864
    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
    Main St Madisonville, TX 77864
    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
    James Standley
    (936) 349-7378 (936) 348-4171
    Learn more
    Google sign-in failed. Please try again or use another login method.