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

    14964 US-90 Castroville, TX 78009

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    6.016 acres of commercial land with highway frontage.

    Type:LAND
    Lot size:
    6.02 Acres
    Added:
    Apr 22, 2025
    Days on Market:
    371
    Last Refresh:
    Apr 5 at 11:30 pm

    Property Features for 14964 US-90

    General Information

    Standard status
    Active
    Lot size
    6.02 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Deborah Bauer

    Listing agent Deborah Bauer

    Listing office Drake Commercial Group

    Listing date Apr 22, 2025

    Source Moodyscre

    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 Drake Commercial Group

    Overview

    Highway 90 Frontage Land

    This 6.016-acre commercial land parcel features frontage on Highway 90 and is located at the corner of Jungman Road and Highway 90, in close proximity to SH 211. The property, situated outside city limits, offers approximately 750 linear feet of frontage on Highway 90, providing high visibility. The surrounding area includes over 4000 rooftops and a future MVISD school.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Big Box & Wholesale Store HVAC Service Storage Facility Electronics & Wireless Store Clothing & Fashion Store Pet Store & Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Castroville
    County
    Medina
    State
    Texas
    Longitude
    -98.8354
    Latitude
    29.3557

    Nearby Similar for Sale

    • $2,700,000
      1,960 SF

      Unrestricted Land Near San Antonio

      5.084 acres of unrestricted land ideal for investment.
      3124 HWY 90 E, Castroville, TX 78009
      View Details
    • $2,700,000
      2,432 SF

      Unrestricted Land in Castroville, TX

      5.077 acres of unrestricted land west of San Antonio.
      3100 HWY 90 E, Castroville, TX 78009
      View Details
    • $141,000

      Castroville Land: Build Your Dream

      1.97 acres of flat land ready for your dream home.
      Pr 4703, Castroville, TX 78009
      View Details
    • $79,500

      Residential Land in Castroville, TX

      Oversized lot for custom home in historic Castroville.
      River Bluff, Castroville, TX 78009
      View Details
    • $130,000

      Castroville Homesite in Gated Community

      Large, level homesite in a 55+ gated community.
      213 Reed Way, Castroville, TX 78009
      View Details
    • $114,999

      Residential Land in Castroville, TX

      Build-ready lot in a rapidly growing community near San Antonio.
      243 Janice Avenue, Castroville, TX 78009
      View Details
    • $3,990,000

      Cleared Land with Development Potential

      Level property suitable for various uses near Castroville and San Antonio.
      281 Co Rd 475, Castroville, TX 78009
      View Details
    • Contact for pricing

      Land Available in Castroville, TX

      Land available for sale in Castroville, Texas, on Highway 90.
      Highway 90, Castroville, TX
      View Details
    • Contact for pricing

      Far West Land Parcel

      Approximately 194.55 acres of land in Far West Submarket.
      16223 Highway 90, Castroville, TX
      View Details
    • Contact for pricing

      Highway 90 Frontage Land Available

      Land with frontage on Highway 90 and FM 471.
      Co Rd 4712, Castroville, TX 78009
      View Details
    • Contact for pricing

      167 Acres in Castroville, TX

      167 acres of land in the Far West Submarket.
      811 County Rd 485, Castroville, TX
      View Details
    • $1,100,000

      121.46 Acres in Mico, TX

      121.46 acres of land for sale in Mico, Texas.
      1134 Co Rd 270, Castroville, TX 78056
      View Details

    FAQs

    What type of property is this?
    Land - 6.016 acres of commercial land with highway frontage.
    Where is this land located?
    The property is located at 14964 US-90 Castroville, TX.
    What are key features of this property?
    This property features: Highway 90 Frontage (Approximately 750' LF); 6.016 Acres; Corner Lot (Jungman Road and Hwy. 90)
    (210) 402-6363 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Deborah Bauer
    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!