Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Cleared Lot in Marshall, TX Title is generated by Realmo AI

    1109 Airline Dr, Marshall, TX 75672

    View on Map
    Claim this Listing
    For Sale
    $40,000

    LAND - Marshall, TX

    Lot size:
    0.42 Acres
    Added:
    May 8, 2026
    Days on Market:
    19
    Last Refresh:
    May 26 at 7:06 pm

    Property Features for 1109 Airline Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Fencing
    Chain Link
    Standard status
    Active
    Lot size
    0.42 Acres

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    Zachary Lastra
    Zachary Lastra

    Listing agent Zachary Lastra License #0738879

    Listing office Clayton Realty Solutions 300 E Main Street, Marshall, TX

    Listing date May 8, 2026

    MLS# 20263273 Listing URL

    Copyright © 2026 Longview Area 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.

    HighLights

    • Cleared lot ready for building in Marshall ISD
    • All city utilities available (gas, water, electric, sewer, internet)
    • No HOA
    • Fully fenced with chain link fencing
    • Excellent location with easy access to Hwy 43 and Loop 390
    • Short drive to Caddo Lake State Park

    Overview

    This cleared lot is ready for construction within Marshall ISD. Situated in an established neighborhood on the northeast side of town, the property is not subject to HOA restrictions. The 0.42-acre lot is fully enclosed with chain-link fencing. City utilities are available, including gas, water, electric, sewer, and internet. The location provides convenient access to Hwy 43 and Loop 390, and is a short drive from Caddo Lake State Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy Department Store Kitchen & Bath Showroom Garden Center Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Marshall
    County
    Harrison
    State
    Texas
    Longitude
    -94.31296
    Latitude
    32.555843

    Nearby Similar for Sale

    • $650,000
      5,000 SF

      Versatile Commercial Property on Highway

      3.14 acres with metal building and office space.
      5947 Hwy 59 N, Marshall, TX 75670
      View Details
    • $775,000
      3,131 SF

      Marshall, Texas Horse Property

      15-acre horse property with a 3,131 sq ft ranch home.
      3843 FM 2199, Marshall, TX 75672
      View Details
    • $169,000

      Commercial Property in High-Traffic Location

      Versatile commercial property with high visibility and accessibility in Marshall.
      2001 E Grand Ave., Marshall, TX 75672
      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
    • $115,681

      East Texas Land with Creeks

      25 acres of raw land near Marshall, Texas.
      0 Blocker Road, Marshall, TX 75672
      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
    • $529,000

      115+ Acres Wooded Land, Marsh

      115+ acres wooded land near Marshall, TX, ideal for recreation.
      TBD FM 3001, Marshall, TX 75670
      View Details
    • $56,990

      Marshall, TX Unimproved Land

      4.8-acre tract ideal for a custom home.
      0 Ward, Marshall, TX 75670
      View Details
    • $580,000
      1,800 SF

      Undeveloped Land in Marshall, Texas

      73.925 acres of undeveloped land with frontage and rental income.
      697 Airlite, 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
    • $830,000

      Harrison County Acreage with Wildlife

      110+ acre tract with diverse hardwoods, ponds, and wildlife.
      288 Evergreen Dr., Marshall, TX 75672-1474
      View Details
    • $149,000

      Marshall, TX Unimproved Land

      38 acres of land with mature pines near Marshall, TX.
      0 Jewell Gooch Road, Marshall, TX 75670
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Cleared lot ready to build on, city utilities available.
    Where is this residential land & home lot located?
    The property is located at 1109 Airline Dr Marshall, TX.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: Cleared lot ready for building in Marshall ISD; All city utilities available (gas, water, electric, sewer, internet); No HOA
    (903) 930-3213
    We can help!
    Listing Contact
    Zachary Lastra
    Zachary Lastra
    Real Estate License ID: 0738879
    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
    1109 Airline Dr, Marshall, TX 75672
    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!