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

    109 S Smith St Pleasanton, TX

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

    Highly visible commercial land near US Post Office.

    Type:LAND
    Lot size:
    0.20 Acres
    Added:
    Mar 16, 2023
    Days on Market:
    1133
    Last Refresh:
    Apr 5 at 11:26 pm

    Property Features for 109 S Smith St

    General Information

    Standard status
    Active
    Lot size
    0.20 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Clifton Shearrer
    Clifton Shearrer

    Listing agent Clifton Shearrer License #0519100

    Listing office Brohill Realty

    Listing date Mar 16, 2023

    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 Brohill Realty

    Overview

    Commercial Land Near US Post

    This commercial land is located at the corner of Smith St and W Goodwin, across from the US Post Office. The property is one block from US Hwy 281 and two blocks from W Oaklawn. According to ACAD, the property measures 62.50 feet in width and 120 feet in length.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pleasanton
    County
    Atascosa
    State
    Texas
    Longitude
    -98.485
    Latitude
    28.9586

    Nearby Similar for Sale

    • $375,000

      Pleasanton Commercial Development Opportunity

      Commercial land for development at a signalized intersection in Pleasanton.
      707 Commerce, Pleasanton, TX 78064
      View Details
    • $550,000

      Pleasanton Commercial and Farm Property

      3.36-acre property with warehouse, shop, and covered storage.
      4456 Fm 536, Pleasanton, TX 78064
      View Details
    • $525,000
      4,002 SF

      Pleasanton Turnkey Four-Unit Investment Property

      Turnkey investment property with strong occupancy potential in Pleasanton, Texas.
      1118 W Goodwin, Pleasanton, TX 78064
      View Details
    • $250,000
      1,874 SF

      Highway Frontage Commercial Land Opportunity

      3 acres on Highway 281, ideal for commercial development.
      3768 Highway 281, Pleasanton, TX 78064
      View Details
    • $165,000

      3.47 Acres in Pleasanton, TX

      3.47 acres with road frontage near Highway 281.
      US HWY 281, Pleasanton, TX 78064
      View Details
    • $1,444,000
      18,204 SF

      Versatile Commercial Property on 20 Acres

      20-acre commercial property with 18,000 sq ft building.
      7837 Old Campbellton Road, Pleasanton, TX 78064
      View Details
    • $55,000

      Vacant Lot in Pleasanton, TX

      Cleared vacant lot in established neighborhood with commercial potential.
      Trade Street, Pleasanton, TX 78064
      View Details
    • $40,000

      Land in Pleasanton, Texas

      Commercial land available in Pleasanton, Texas for various business ventures.
      304 E Hunt St, Pleasanton, TX 78064
      View Details
    • $50,000

      Pleasanton Acre for Sale

      One acre of fenced land near Pleasanton's shopping and services.
      Martinez St, Pleasanton, TX 78064
      View Details
    • $457,000
      10,000 SF

      Pleasanton Office, Storefront, Warehouse Space

      10,000+ sqft office, storefront, and warehouse space in Pleasanton.
      1375 Jr Blvd, Pleasanton, TX 78064
      View Details
    • $140,000

      Residential Lot in Oak Park

      2 acre residential lot in established Oak Park Estates.
      Massad lot: 53A, Pleasanton, TX 78064
      View Details
    • $480,000

      Pleasanton Land with Home Construction

      10-acre property with custom home construction started in Pleasanton, TX.
      241 County Road 154, Pleasanton, TX 78064
      View Details

    FAQs

    What type of property is this?
    Land - Highly visible commercial land near US Post Office.
    Where is this land located?
    The property is located at 109 S Smith St Pleasanton, TX.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: Highly visible corner location at Smith St and W Goodwin; Proximity to US Post Office; One block from US Hwy 281
    (210) 325-7448 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Clifton Shearrer
    Clifton Shearrer
    Real Estate License ID: 0519100
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!