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

    9810 E Creek Bend Drive Needville, TX 77461

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $299,990

    5.05 acres of unrestricted land in developing Needville, Texas.

    Type:Land or Vacant Lot
    Lot size:
    5.05 Acres
    Added:
    Nov 1, 2024
    Days on Market:
    543
    Last Refresh:
    Apr 15 at 9:02 pm

    Property Features for 9810 E Creek Bend Drive

    General Information

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

    We can help!

    Listing Contact
    ROBERT LAHUE

    Listing agent ROBERT LAHUE

    Listing office PURPLE SHIRT REALTY

    Listing date Nov 1, 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 PURPLE SHIRT REALTY

    Overview

    Unrestricted Land in Needville

    This property features 5.05 acres of unrestricted land located in the rapidly developing area of Needville, Texas. The land is mostly cleared, with some high grass and a few trees remaining. It benefits from road frontage and is fenced. Electric service is available to the property. The property is noted to have no flooding issues.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Needville
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.88828
    Latitude
    29.42566

    Nearby Similar for Sale

    • $649,000

      Prime Commercial Tract in Needville

      Exceptional commercial opportunity in a growing Fort Bend County community.
      9310 Main Street, Needville, TX 77461
      View Details
    • $700,000

      Hard Corner Tract in Needville

      Commercial land for sale in a growing Needville area.
      3118 Violet Street, Needville, TX 77461
      View Details
    • $625,000

      Prime Land in Needville, TX

      Unimproved land with high visibility and versatile use potential.
      8903 Charity Street, Needville, TX 77461
      View Details
    • $972,000
      1,926 SF

      Needville Ranch with Workshop

      17.584-acre ranch featuring a 3-bedroom home and workshop.
      9439 Jeske Rd, Needville, TX 77461
      View Details
    • $834,200

      26.2 Acres in Needville, TX

      26.2-acre property ideal for cattle, horses, or building a home.
      17002 Brumbelow Road, Needville, TX 77461
      View Details
    • $575,000
      1,200 SF

      Barndominium on 11 Acres

      Barndominium on 11 acres in Needville, Texas.
      8525 Spell Road, Needville, TX 77461
      View Details
    • $640,000
      2,350 SF

      Barndominium on Serene Acreage

      Spacious barndominium on 6.49 acres with large barn/shop.
      19231 Fm 442 Road, Needville, TX 77461
      View Details
    • $1,533,927

      26.677 Acre Development Opportunity

      Prime land for residential, retail, or industrial development.
      00 Padon Road, Needville, TX 77461
      View Details
    • $1,000,000

      20-Acre Development Investment Opportunity

      Prime land for residential, retail, or industrial development.
      12610 Roesler Road, Needville, TX 77461
      View Details
    • $180,000

      Commercial Opportunity on Corner Lot

      High-visibility commercial property with multiple structures, ideal for retail.
      8912 Park Street, Needville, Needville, TX 77461
      View Details
    • $834,200

      26.2 Acres in Growing Needville

      26.2 acres ideal for cattle, horses, or dream home.
      17002 Brumbelow Road, Needville, TX 77461
      View Details
    • $1,275,000
      2,498 SF

      Manageable Ranch Property in Needville

      20+/- acre ranch with premium amenities near Hwy 59.
      10630 Brinkmeyer Road, Needville, TX 77461
      View Details

    FAQs

    What type of property is this?
    Land - 5.05 acres of unrestricted land in developing Needville, Texas.
    Where is this land located?
    The property is located at 9810 E Creek Bend Drive Needville, TX.
    What is the asking price?
    The asking price for this property is $299,990.
    What are key features of this property?
    This property features: 5.05 acres of unrestricted land; No flooding; Located in fast developing Needville
    (832) 551-9151
    We can help!
    Listing Contact
    ROBERT LAHUE
    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!