Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1015 Southwood Dr Huntsville, TX

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

    6 acres of commercial land with utilities available in Huntsville.

    Type:LAND
    Lot size:
    6.11 Acres
    Added:
    Apr 1, 2021
    Days on Market:
    1857
    Last Refresh:
    Apr 5 at 8:41 pm

    Property Features for 1015 Southwood Dr

    General Information

    Standard status
    Active
    Lot size
    6.11 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Jon (Rusty) Shannon
    Jon (Rusty) Shannon

    Listing agent Jon (Rusty) Shannon

    Listing office Patti Shannon Properties

    Listing date Apr 1, 2021

    Source Moodyscre

    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 Patti Shannon Properties

    Overview

    Huntsville Commercial Land For Sale

    This commercial land listing features approximately 6 acres. Utilities are available on site. The current tenant operates a manufactured housing dealer sales retail business and is responsible for all utility and repair costs. The double wide sales office is not included in the land sale. The property is located within the city limits of Huntsville and offers a prime location with frontage on TX Hwy 75, near Interstate 45 and TX Hwy 19 Loop. The land is priced at $14 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Reliable Homes of Huntsville Mobile Home Dealer

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Pharmacy Auto Parts Store Kitchen & Bath Showroom Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Walker
    State
    Texas
    Longitude
    -95.5236
    Latitude
    30.6813

    Nearby Similar for Sale

    • $632,500
      6,570 SF

      Former YMCA Campus in Huntsville

      Former YMCA campus with gym and classrooms on 2.44 acres.
      2906 & 2926 Old Houston Rd, Huntsville, TX 77340
      View Details
    • $300,000

      Huntsville Wooded 10-Acre Retreat

      10 acres of wooded land near Huntsville, Texas.
      Lot 6 Willow Creek, Huntsville, TX 77340
      View Details
    • $300,000

      Huntsville Wooded 10-Acre Retreat

      10 acres of wooded land near Huntsville, Texas.
      Willow Creek lot: 6, Huntsville, TX 77340
      View Details
    • $195,000

      Huntsville Land Parcel For Sale

      3.017 acre lot ready for building near I-45.
      Texas Grand Rd, Huntsville, TX 77340
      View Details
    • $20,999

      Waterfront Lot in Desirable Neighborhood

      Vacant waterfront lot for building or investment in Huntsville, TX.
      137 W Lakeside Drive, Huntsville, TX 77320
      View Details
    • $138,999

      Texas Grand Ranch Land

      1.1-acre wooded lot backing to Sam Houston National Forest.
      235 Texas Grand Road, Huntsville, TX 77340
      View Details
    • $99,999

      Texas Grand Ranch Land

      2-acre lot in Texas Grand Ranch subdivision near Huntsville.
      265 Sky Oak Lane, Huntsville, TX 77340
      View Details
    • $35,000

      Residential Lot Near Lake Conroe

      0.26-acre vacant lot near Lake Conroe with community amenities.
      7 Wildwood Lake Drive, Huntsville, TX 77340
      View Details
    • $29,900

      Huntsville Lot in Gated Community

      Open lot in Wildwood Shores near Lake Conroe.
      7 Alta Vista None, Huntsville, TX 77340
      View Details
    • $640,000

      Historic Home on Unrestricted Acres

      1912 French Colonial on 7 acres near Huntsville, TX.
      38 Darrell White Rd, Huntsville, TX 77340
      View Details
    • $485,000

      Unrestricted Land on FM 1374

      8.5 acres of unrestricted land suitable for various uses.
      4335 Fm 1374 Rd, Huntsville, TX 77340
      View Details
    • $239,934

      Huntsville Land for Rural Ranchette

      11.225 acres of unimproved land suitable for ranchette.
      00 Wallace Road, Huntsville, TX 77320
      View Details

    FAQs

    What type of property is this?
    Commercial land - 6 acres of commercial land with utilities available in Huntsville.
    Where is this commercial land located?
    The property is located at 1015 Southwood Dr Huntsville, TX.
    What is the asking price?
    The asking price for this property is $3,726,122.
    What are key features of this property?
    This property features: Prime location with frontage on TX Hwy 75 and proximity to Interstate 45 and TX Hwy 19 Loop.; 6 Acres +\/- of land within the City of Huntsville.; Utilities Available.
    (936) 494-8880 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jon (Rusty) Shannon
    Jon (Rusty) Shannon
    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

    1015 Southwood Dr, Huntsville, TX

    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!