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

    702 Us Highway 77A Yoakum, TX 77995

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $350,000

    0.24-acre corner parcel with high-traffic highway frontage.

    Lot size:
    0.24 Acres

    Property Features for 702 Us Highway 77A

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.24 Acres

    Building Details

    Year built
    2004

    We can help!

    Listing Contact
    Rachel Parsons
    Rachel Parsons
    Source: Elliman

    Listing Agency: Compass RE Texas, LLC Listing Agent: Rachel Parsons

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

    Learn more

    Overview

    Prime Corner Parcel in Yoakum

    This 0.24-acre corner parcel is located in Yoakum, Texas, and features dual frontage on US Highway 77A and W. Grand/Hwy 111. The location benefits from a high-traffic corridor with an estimated 11,400 vehicles passing daily. The lot includes a small office building of approximately 468 square feet and ample customer parking. This property is suited for a food-truck site, café, coffee shop, professional or retail office, drive-through operation, or flexible pop-up retail.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Grocery & Convenience Store Bar & Pub Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Yoakum
    County
    Lavaca
    State
    Texas
    Longitude
    -97.147971
    Latitude
    29.314984

    Nearby Similar for Sale

    • New
      $750,000
      1,056 SF

      Veterinary Clinic in Yoakum, Texas

      Turnkey veterinary clinic in high-demand, zero-competition market.
      1310 W Grand Ave, Yoakum, TX 77995
      View Details
    • $1,000,000
      5,500 SF

      Established Bar on 1.77 Acres

      Turn-key bar with patio and storage on 1.77 acres.
      803 Us Highway 77A N, Yoakum, TX 77995
      View Details
    • $350,000
      468 SF

      Prime Corner Lot in Yoakum

      0.24-acre corner lot with high traffic and small office.
      702 Us Highway 77A, Yoakum, TX 77995
      View Details
    • $149,900
      3,880 SF

      Versatile Commercial Building on Main Highway

      Adaptable 3,880 SF commercial building with high visibility.
      212 E Morris St, Yoakum, TX 77995
      View Details
    • $520,000
      8,608 SF

      Historic Yoakum Commercial Landmark

      Iconic, income-producing property in downtown Yoakum with historical significance.
      207 W Grand Ave, Yoakum, TX 77995
      View Details
    • $650,000
      5,798 SF

      Yoakum Commercial Property For Sale

      Commercial property with restaurant and apartments in Yoakum, Texas.
      123 W May St, Yoakum, TX 77995
      View Details
    • New
      $175,000
      7,400 SF

      Downtown Yoakum Commercial Building

      7,400 SF building in high-traffic downtown Yoakum, Texas.
      222 W Grand Ave, Yoakum, TX 77995
      View Details
    • New
      $210,000
      960 SF

      Income-Generating RV Park Opportunity

      2-acre RV park with mobile home near Yoakum, Texas.
      46 County Road 400, Yoakum, TX 77995
      View Details
    • $215,000
      1,832 SF

      Updated Duplex in Yoakum, TX

      Remodeled duplex with two units, garage, and income potential.
      404 Nelson St, Yoakum, TX 77995
      View Details
    • $750,000

      Veterinary Clinic in Yoakum, Texas

      Turnkey veterinary clinic opportunity in high-demand, zero-competition market.
      1310 W Grand Ave, Yoakum, TX 77995
      View Details
    • $425,000
      Pending

      Versatile Commercial Building in Yoakum

      Mixed-use building near downtown Yoakum with warehouse, office, and retail.
      217 West St, Yoakum, TX 77995
      View Details
    • $1,050,000
      2 SF

      Rafter M Ranch For Sale

      57± acre ranch near Yoakum, Texas with custom home.
      403 Hickey Rd, Yoakum, TX 77995
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.24-acre corner parcel with high-traffic highway frontage.
    Where is this commercial land located?
    The property is located at 702 Us Highway 77A Yoakum, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - High-traffic location on US Highway 77A and W. Grand/Hwy 111 (11,400 vehicles daily).; - Rare 0.24-acre corner parcel with dual frontage.; - Suitable for various business types: food truck, cafe, retail, office, drive-through.
    (361) 772-5548
    Request Owner's contact information
    702 Us Highway 77A Yoakum, TX 77995
    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.
    702 Us Highway 77A
    Yoakum, TX 77995
    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
    702 Us Highway 77A Yoakum, TX 77995
    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
    Rachel Parsons
    Rachel Parsons
    Real Estate License ID: 0724400
    (361) 772-5548 (832) 899-4788 (512) 448-4111
    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!