Fenced Industrial Land with
For Sale
$265,000
11846 Prairie Hill Dr, Hearne, TX 77859
CommercialSale, Hearne, TX
Property Size1,878 SF
Lot Size1.95 Acres
Price / SF$141.11
Days on Market108
Property Features for 11846 Prairie Hill Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Prairie Hill Sub
Lot features
Level
Directions
From Bryan turn left onto hwy 6 - travel for about 14 miles Prairie Hill Dr. will be on the left. Turn onto Prairie Hill Drive property will be on the right.
Standard status
Active
APN
9937
Size
1,878 SF
Lot size
1.95 Acres
Taxes and HOA fees
Tax Description
LOT 4,5,6 BLOCK 2 PRAIRIE HILL SUBD 1453/322 MOB
Tax Annual Amount
440
Legal Description
LOT 4,5,6 BLOCK 2 PRAIRIE HILL SUBD 1453/322 MOB
Utilities
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
2023
Floors in Building
1
Number of units
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Armstrong Properties
Listed By:
Jessica Armstrong
(979) 567-7653
Added: Jul 6
Changed: Oct 8
Last Checked: Oct 21 at 3:06PM
MLS# 21261030
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1.95-acre industrial land tract includes a 30-by-40-foot shop with electricity and an attached one-bedroom, one-bath apartment with a kitchen. The property is fully perimeter fenced and includes three separate septic systems, three Navasota Valley Electric meters, and one public water meter. Concrete flooring, an electric heating system, electric cooling, and a metal roof are also present. The improvements were built in 2023.
The tract has approximately 119.81 feet of frontage along US-190 and Highway 6, with estimated traffic of 23,804 AADT. It is approximately 5 miles from Hearne and 15 miles from Bryan College Station, with additional stated distances of 56 miles to Temple, 68 miles to Waco, 92 miles to Austin, 115 miles to Houston, and 150 miles to Dallas Fort Worth.
The property information identifies potential applications including industrial use, contractor yard operations, equipment storage, trucking, logistics, and service-based businesses.
The tract has approximately 119.81 feet of frontage along US-190 and Highway 6, with estimated traffic of 23,804 AADT. It is approximately 5 miles from Hearne and 15 miles from Bryan College Station, with additional stated distances of 56 miles to Temple, 68 miles to Waco, 92 miles to Austin, 115 miles to Houston, and 150 miles to Dallas Fort Worth.
The property information identifies potential applications including industrial use, contractor yard operations, equipment storage, trucking, logistics, and service-based businesses.
Key Highlights
- 1.95‑acre industrial land tract
- Approximately 119.81 feet of frontage on US‑190 and Highway 6
- Estimated traffic volume of 23,804 AADT
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,029
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,580
$340.6K
Cap Rate 7%
$243,271
$243.3K
Cap Rate 9%
$189,211
$189.2K
Market Conditions
NOI Build-Up for 1,878 SF
Gross rent
$28.2K $15.00/SF
− Vacancy
−$2.0K −$1.05/SF
EGI
$26.2K $13.95/SF
− OpEx
−$9.2K −$4.88/SF
NOI
$17.0K $9.07/SF
Area
Robertson County, TX
Vacancy
7.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,580
Cap Rate 7%
$243,271
Cap Rate 9%
$189,211
Alternative Uses
Best Use
Flex RnD
$243.3K
$212.9K – $283.8K
NOI $17,029 @ 7.0% cap · market cap 6.43%
Second Best
Industrial
$181.0K
$158.4K – $211.2K
NOI $12,671 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$462.4K
$404.6K – $539.5K
NOI $32,371 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 77859, TX
7,131
Population
3,361
Households
2.1
Avg Household Size
39
Median Age
14%
College-Educated
82%
High-School Grad
156.8 sq mi
ZIP Area
45
Density / Sq Mi
$52,214
Median Household Income
$28,060
Median Earnings
$651
Median Rent
$160,900
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial land - Fenced industrial tract with a powered shop, apartment, and multi-meter utility setup along two highways.
Where is this industrial land located?
The property is located at 11846 Prairie Hill Dr Hearne, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 1.95‑acre industrial land tract; Approximately 119.81 feet of frontage on US‑190 and Highway 6; Estimated traffic volume of 23,804 AADT
