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

    1405 Avenue Huntsville, TX 77340

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $230,000

    1.446-acre vacant lot with residential and commercial potential.

    Added:
    Apr 25, 2025
    Days on Market:
    367
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 1405 Avenue

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    ADAM OLSEN
    ADAM OLSEN

    Listing agent ADAM OLSEN License #0642075

    Listing office EXP REALTY, LLC

    Listing date Apr 25, 2025

    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 EXP REALTY, LLC

    Overview

    Unrestricted Land Near Sam Houston

    This 1.446-acre vacant lot offers unrestricted potential for development. The property features a natural, partially wooded environment suitable for residential or commercial projects. The location allows for diverse development opportunities, from a residential retreat to a commercial venture, or a combination of both. The property is located minutes away from local amenities and Sam Houston State University.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Walker
    State
    Texas
    Longitude
    -95.5416
    Latitude
    30.7194

    Nearby Similar for Sale

    • $632,500
      6,570 SF

      Former YMCA Campus in Huntsville

      Former YMCA campus with gym and classrooms on 2.44 acres.
      2906 & 2926 Old Houston Rd, Huntsville, TX 77340
      View Details
    • $499,000

      Huntsville Land with Highway Frontage

      10.24 acres on Hwy 19 suitable for commercial development.
      T-2 Highway 19, Huntsville, TX 77320
      View Details
    • $499,000

      Huntsville Land with Highway Frontage

      10.24 acres on Hwy 19 suitable for commercial development.
      T-1 Highway 19, Huntsville, TX 77320
      View Details
    • $21,999

      Waterfront Lot in Huntsville, TX

      0.5-acre waterfront lot for building or investment in Huntsville.
      137 W Lakeside Drive, Huntsville, TX 77320
      View Details
    • $138,999

      Texas Grand Ranch Land

      1.1-acre wooded lot backing to Sam Houston National Forest.
      235 Texas Grand Road, Huntsville, TX 77340
      View Details
    • $35,000

      Residential Lot Near Lake Conroe

      0.26-acre vacant lot near Lake Conroe with community amenities.
      7 Wildwood Lake Drive, Huntsville, TX 77340
      View Details
    • $29,900

      Huntsville Lot in Gated Community

      Open lot in Wildwood Shores near Lake Conroe.
      7 Alta Vista None, Huntsville, TX 77340
      View Details
    • $485,000

      Unrestricted Land on FM 1374

      8.5 acres of unrestricted land suitable for various uses.
      4335 Fm 1374 Rd, Huntsville, TX 77340
      View Details
    • $239,934

      Huntsville Land for Rural Ranchette

      11.225 acres of unimproved land suitable for ranchette.
      00 Wallace Road, Huntsville, TX 77320
      View Details
    • $32,000

      Residential Lot in Quiet Neighborhood

      Residential lot in Huntsville, TX, with mature trees.
      54 Lakecrest Lane, Huntsville, TX 77340
      View Details
    • $349,000

      Huntsville Land for Development

      4.4 acres with frontage on HWY 75.
      7206 State Highway 75 S, Huntsville, TX 77340
      View Details
    • $99,000

      Waterfront Double Lot in Wildwood

      Expansive waterfront double lot in gated community with amenities.
      2 Wildwood Lake Drive, Huntsville, TX 77340
      View Details

    FAQs

    What type of property is this?
    Land - 1.446-acre vacant lot with residential and commercial potential.
    Where is this land located?
    The property is located at 1405 Avenue Huntsville, TX.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: 1.446‑acre unrestricted lot with residential and commercial capabilities.; Partially wooded surroundings offer a natural setting.; Prime location suitable for residential or commercial development.
    (888) 519-7431
    We can help!
    Listing Contact
    ADAM OLSEN
    ADAM OLSEN
    Real Estate License ID: 0642075
    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!