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

    1200 Highway 6 Navasota, TX 77868

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $300,000

    Commercial land for retail or restaurant near Highway 6.

    Type:Land or Vacant Lot
    Lot size:
    0.75 Acres
    Added:
    Feb 13, 2024
    Days on Market:
    797
    Last Refresh:
    Apr 5 at 10:07 pm

    Property Features for 1200 Highway 6

    General Information

    Standard status
    Active
    Lot size
    0.75 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    LINDI BRADDOCK

    Listing agent LINDI BRADDOCK License #0233744

    Listing office COLDWELL BANKER PROPERTIES UNLIMITED

    Listing date Feb 13, 2024

    Source Corcoran

    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 COLDWELL BANKER PROPERTIES UNLIMITED

    Overview

    Navasota Commercial Land Opportunity

    This commercial land opportunity is located in Navasota at the intersection of Highway 6 and Highway 90, surrounded by multiple businesses. The location is suitable for retail or restaurant use on Highway 6, situated just off the Highway 90 intersection and next to the Best Western Hotel and Shell station. The City of Navasota is business-friendly and open to new businesses. The property features 167.63 feet of frontage on Highway 6, with an access easement to N. Highway 90. There is no flood plain. A drainage culvert is present under the highway. All utilities are available. Detention is required.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Spa & Massage Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Navasota
    County
    Grimes
    State
    Texas
    Longitude
    -96.1966
    Latitude
    30.5041

    Nearby Similar for Sale

    • $1,489,000

      Productive Hay Farm Near Navasota

      77.27-acre coastal hay farm with storage building and fencing.
      15175 FM1227, Navasota, TX 77868
      View Details
    • $833,910

      Grimes County Land Opportunity

      28.76 acres in desirable Grimes County, Texas.
      FM 2 Road, Navasota, TX 77868
      View Details
    • $1,075,000

      Texas Riverfront Retreat: 54 Acres

      54-acre Texas riverfront property with diverse terrain and hunting opportunities.
      308 -- Pebble Loop Dr, Navasota, TX 77868
      View Details
    • $225,000

      Cleared Homesite in Pecan Lakes

      10.01-acre homesite with pond in Navasota, Texas.
      Back Nine Lane lot: 46, Navasota, TX 77868
      View Details
    • $833,910

      Navasota Land with Rolling Hills

      27.797 acres in Grimes County with scenic landscapes.
      TBD Fm 2 Road, Navasota, TX 77868
      View Details
    • $225,000

      Cleared Homesite with Pond

      10.01-acre homesite in Pecan Lakes Estates, Navasota, TX.
      Lot 46 Back Nine Lane, Navasota, TX 77868
      View Details
    • $225,000

      Cleared Homesite in Pecan Lakes

      10.02-acre homesite in Pecan Lakes Estates, Navasota, TX.
      Lot 45 Back Nine Lane, Navasota, TX 77868
      View Details
    • $225,000

      Cleared Homesite in Pecan Lakes

      10.02-acre homesite in Pecan Lakes Estates, Navasota.
      Back Nine Lane lot: 45, Navasota, TX 77868
      View Details
    • $1,600,000
      8,169 SF

      Navasota Retail Building on Highway

      Freestanding retail building with high visibility and traffic count.
      9230 N Highway 6 Loop, Navasota, TX
      View Details
    • $465,000

      Navasota Home with Business Potential

      Four-bedroom home on 4 acres, ideal for family and business.
      11515 Eldridge Ln, Navasota, TX 77868
      View Details
    • $675,000

      Historic Downtown Navasota Building

      Located in the heart of historic downtown Navasota.
      206 E Washington Avenue, Navasota, TX 77868
      View Details
    • $429,000

      Navasota Land with Highway Frontage

      5.72 acres with highway access, suitable for various uses.
      3959 Highway 105 E, Navasota, TX 77868
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land for retail or restaurant near Highway 6.
    Where is this commercial land located?
    The property is located at 1200 Highway 6 Navasota, TX.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: High‑traffic location at the intersection of Highway 6 and Highway 90; Highway 6 frontage of 167.63 feet; Access Easement to N. Highway 90
    (979) 836-0011
    We can help!
    Listing Contact
    LINDI BRADDOCK
    Real Estate License ID: 0233744
    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!