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

    288 County Road 236 Florence, TX 76527

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $465,000

    Land suitable for recreation, commercial, residential, or ranching.

    Lot size:
    11.30 Acres

    Property Features for 288 County Road 236

    General Information

    Lot size
    11.30 Acres

    We can help!

    Listing Contact
    Roman C. Esparza
    Roman C. Esparza
    Source: Elliman

    Listing Agency: Realty Executives Listing Agent: Roman C. Esparza

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

    Learn more

    Property Insight Report

    Overview

    Versatile Land Parcel For Sale

    This property is suitable for various uses, including recreational activities, commercial ventures, residential developments, estate planning, ranching, or transitional projects. Its versatility presents a remarkable opportunity for investors, developers, and end users. The site offers the chance to experience the area's natural beauty while capitalizing on its long-term growth potential. The property is capable of meeting the demands of various stakeholders in the real estate market with its diverse possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Williamson
    State
    Texas
    Longitude
    -97.886375
    Latitude
    30.795814

    Nearby Similar for Sale

    • $1,400,000
      18.72 Acres

      Ranch Home on 19 Acres

      Ranch-style home on nearly 19 acres of open land.
      1950 County Road 221, Florence, TX 76527
      View Details
    • Contact for pricing
      6,000 SF

      383 Williamson County

      383 Fm 970, Florence, TX 76527, Williamson County
      383 Williamson County, Florence, TX 76527
      View Details
    • $469,500

      13.5 Acre Ranch in Florence

      13.5 acre ranch with ponds outside city limits.
      1300 County Road 217, Florence, TX 76527
      View Details
    • $2,250,000

      Florence Agricultural Property For Sale

      Agricultural property available in Florence, Texas.
      2801 County Road 228, Florence, TX 76527
      View Details
    • $425,000

      Residential Property on 10 Acres

      Residential property featuring a rock house on over 10 acres.
      20239 Stillman Vly Rd, Florence, TX
      View Details
    • $1,895,000

      46 Acres Farm in Florence

      46.248 acre farm property located in Florence, Texas.
      211 46.248 Acres County Rd, Florence, TX 76527
      View Details
    • Contact for pricing
      10,700 SF

      Drone/AI Research Facility For Sale

      Flex buildings for drone/AI research, near FireFly Aerospace.
      1551 Co Rd, Florence, TX
      View Details
    • $350,000
      948 SF

      Land in Florence, Texas

      Land for sale in Florence, Texas, Williamson County.
      104 W Curry St, Florence, TX 76527
      View Details
    • $2,999,099
      3,000 SF

      Luxury Event Venue & Ranch

      38 Acres, 3000 sq ft, Stunning Views
      1985 County Road 223, Florence, TX 76527
      View Details
    • $3,894,000
      236.00 Acres

      Prime Florence Quarry Land

      Massive Rock Quarry, Hwy 195 Access
      1300 Indian Lake Rd, Florence, TX 76527
      View Details

    FAQs

    What type of property is this?
    Land - Land suitable for recreation, commercial, residential, or ranching.
    Where is this land located?
    The property is located at 288 County Road 236 Florence, TX.
    What is the asking price?
    The asking price for this property is $465,000.
    What are key features of this property?
    This property features: - Versatile property suitable for recreational, commercial, residential, ranching, or transitional projects.; - Ideal for investors, developers, and end users.; - Offers substantial long-term growth potential.
    (512) 745-7777
    Request Owner's contact information
    288 County Road 236 Florence, TX 76527
    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.
    288 County Road 236
    Florence, TX 76527
    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
    288 County Road 236 Florence, TX 76527
    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
    Roman C. Esparza
    Roman C. Esparza
    Real Estate License ID: 481820
    (512) 745-7777 (512) 387-8888
    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!