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

    366 Dallas St Giddings, TX 78942

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $75,000

    Cleared Lot, Downtown Proximity, Investment Opportunity

    Property Features for 366 Dallas St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,049 SF

    We can help!

    Listing Contact
    Wendy Papasan

    Listing Agency: Keller Williams Realty Listing Agent: Wendy Papasan

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 0.07-acre commercial lot, located at 366 N Dallas St in Giddings, TX, presents a remarkable opportunity for development. Situated just minutes from downtown Giddings, this easily accessible property boasts a 2,875 square foot cleared space, ready for immediate construction. The location offers a unique blend of peaceful residential surroundings and convenient proximity to local amenities, including grocery stores, restaurants, and essential services, all within a 5-10 minute drive. This prime location makes it ideal for a variety of projects, from custom homes and rental properties to future resale opportunities. The potential for EV charging further enhances its appeal. Giddings' growing popularity as a desirable destination adds to the investment potential. This property represents a smart investment for those seeking both personal and financial growth within a dynamic community. The buyer and their agent are responsible for conducting their own due diligence to verify all information, including but not limited to lot zoning, restrictions, utilities, and lot size. All utility details should be verified with the city. The asking price is $75,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Giddings
    County
    Lee
    State
    Texas
    Longitude
    -96.94485
    Latitude
    30.18679

    Nearby Similar for Sale

    • $299,000
      5,096 SF

      Downtown Giddings Commercial Opportunity

      Commercial property in downtown Giddings with great potential.
      251 East Hempstead St, Giddings, TX 78942
      View Details
    • $475,500
      1,522 SF

      Giddings Acreage with Sunset Views

      Expansive property near Round Top and Austin with versatile third room.
      1066 County Road 233, Giddings, TX 78942
      View Details
    • $199,000
      Pending

      Secluded Acreage Near Warda, Texas

      Well-maintained home on 4.32 acres with mature trees.
      4601 Us Highway 77 South, Giddings, TX 78942
      View Details
    • $700,000
      Pending

      Giddings Ranch Land with Farmhouse

      54-acre ranch near Giddings, TX, with farmhouse and barn.
      1084 County Road 120, Giddings, TX 78942
      View Details
    • $850,000

      Giddings Commercial Property on Highway

      4.029-acre commercial property with renovated 2,100 SF building.
      3250 E Austin St, Giddings, TX 78942
      View Details
    • $320,000

      Historic Commercial Space in Giddings

      Prime downtown location with versatile space and historic charm.
      155 W Austin St, Giddings, TX 78942
      View Details
    • $299,000

      Downtown Giddings Commercial Opportunity

      Commercial space in downtown Giddings, near Lee County Court.
      251 E Hempstead St, Giddings, TX 78942
      View Details
    • $294,500

      Renovated Commercial Space in Giddings

      Historical property in downtown Giddings, renovated and ready for business.
      136 S Caldwell-A St, Giddings, TX 78942
      View Details
    • $1,200,000

      Giddings, TX Specialty Property

      Specialty property available for sale in Giddings, Texas.
      1368 County Road 207, Giddings, TX 78942
      View Details
    • $123,500

      Giddings Warehouse Space Available

      Historical warehouse property in Giddings' central business district.
      136 S Caldwell-C St, Giddings, TX 78942
      View Details
    • $123,500

      Historical Giddings Warehouse Opportunity

      Historical property in Giddings' central business district.
      136 S St Caldwell-E, Giddings, TX 78942
      View Details
    • $261,250

      Downtown Giddings Warehouse Opportunity

      Historical warehouse property in Giddings' central business district for sale.
      136 S Caldwell-D St, Giddings, TX 78942
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Cleared Lot, Downtown Proximity, Investment Opportunity
    Where is this commercial real estate located?
    The property is located at 366 Dallas St Giddings, TX.
    What is the asking price?
    The asking price for this property is $75,000.
    (512) 448-4111
    Request Owner's contact information
    366 Dallas St Giddings, TX 78942
    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.
    366 Dallas St
    Giddings, TX 78942
    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
    366 Dallas St Giddings, TX 78942
    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
    Wendy Papasan
    Real Estate License ID: 0593308
    (512) 448-4111 (512) 297-9431 (512) 330-1004
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!