Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Kingsville Income-Producing Property on Acreage Title is generated by Realmo AI

    1632 E Santa Gertrudis Street, Kingsville, TX 78363

    View on Map
    Claim this Listing
    For Sale
    $329,999

    SINGLE_FAMILY - Kingsville, TX

    Type:Office
    Property size:
    1,552 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $212/SF
    Added:
    Oct 22, 2024
    Days on Market:
    572
    Last Refresh:
    May 16 at 8:06 pm

    Property Features for 1632 E Santa Gertrudis Street

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    290000604303192
    Size
    1,552 SF
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Description
    K T & I CO, BLOCK 6, LOT PT 22, ACRES 1.0

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1980
    Floors in Building
    1
    Building materials
    Frame, WoodSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Johnny Enzo

    Listing agent Johnny Enzo License #0811903

    Listing office RE/MAX ELITE 4639 Corona Dr Suite 61, Corpus Christi, TX

    Listing date Oct 22, 2024

    MLS# 449870

    Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Consistent rental income from a long‑term tenant.
    • Includes 19 acres of land surrounding the building.
    • Potential to acquire a total of 20 acres of agricultural land.
    • Excellent condition.
    • Newly paved parking lot.
    • Close proximity to Highway 77.

    Overview

    This property, located in Kingsville, TX, is in excellent condition and includes a building and approximately 19 acres of land. The building features a newly paved parking lot. One half of the 1,552 square foot building is currently leased to a reliable long-term tenant, generating consistent rental income. The property is very close to Highway 77, offering convenient access. This presents an attractive, income-producing investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Angels Of God Home ... Home Health Care Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kingsville
    County
    Kleberg
    State
    Texas
    Longitude
    -97.84569
    Latitude
    27.523285

    Nearby Similar for Sale

    • $650,000
      5,080 SF

      Kingsville Commercial Building For Sale

      Remodeled building in Kingsville's historic downtown district.
      221 E Kleberg Avenue, Kingsville, TX 78363
      View Details
    • $199,000
      3,490 SF

      Kingsville Commercial Investment Opportunity

      Two commercial buildings on 0.5 acres with high visibility.
      290 N County Road 1040, Kingsville, TX 78363
      View Details
    • $775,000
      6,996 SF

      Kingsville Commercial Property on 3.64 Acres

      Versatile commercial property in Kingsville, Texas, with redevelopment potential.
      1111 E D Avenue, Kingsville, TX 78363
      View Details
    • $522,000
      6,000 SF

      Kingsville Commercial Investment Opportunity

      Prime downtown commercial property with immediate revenue potential.
      314, 316 E Kleberg Avenue, Kingsville, TX 78363
      View Details
    • $250,000
      7,065 SF

      Kingsville Commercial Property For Sale

      Commercial property in Kingsville, TX, featuring 7,065 square feet.
      1508 S 6th Street, Kingsville, TX 78363
      View Details
    • $450,000
      3,514 SF

      Mixed-Use Property in Kingsville, TX

      Profitable laundromat with residential units for additional income.
      313 S 12th, Kingsville, TX 78363
      View Details
    • $116,900
      1,748 SF

      Commercial Land in Kingsville, TX

      Commercially zoned lots suitable for various development projects.
      1245 E King Avenue lot: 5, Kingsville, TX 78363
      View Details
    • $200,000
      3,628 SF

      Kingsville Historical District Commercial Building

      Versatile commercial space in Kingsville's Historical District, ready for customization.
      312 N 6th Street, Kingsville, TX 78363
      View Details
    • $475,000
      352 SF

      Kingsville Commercial Land For Sale

      Prime commercial land in the heart of Kingsville, Texas.
      900 E Kenedy Avenue, Kingsville, TX 78363
      View Details
    • $399,000

      Kingsville Land Investment Opportunity

      12.8 acres with highway frontage near major retailers.
      US HWY 77 & Schubert Dr. lot: Pt 1,Pt 2, Kingsville, TX 78363
      View Details
    • $775,000
      6,996 SF

      Kingsville Commercial Property for Sale

      3.64-acre commercial property with 6,996 SF building in Kingsville, TX.
      1111 E D Ave, Kingsville, TX 78363
      View Details
    • $650,000
      5,080 SF

      Renovated Building in Historic Downtown

      Spacious, renovated building in Kingsville's historic downtown area.
      221 E Kleberg Avenue, Kingsville, TX 78363
      View Details

    FAQs

    What type of property is this?
    Office building - Well-maintained building with long-term tenant and additional acreage near Highway.
    Where is this office building located?
    The property is located at 1632 E Santa Gertrudis Street Kingsville, TX.
    What is the asking price?
    The asking price for this property is $329,999.
    What are key features of this property?
    This property features: Consistent rental income from a long‑term tenant.; Includes 19 acres of land surrounding the building.; Potential to acquire a total of 20 acres of agricultural land.
    (361) 910-4154
    We can help!
    Listing Contact
    Johnny Enzo
    Real Estate License ID: 0811903
    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

    Thank You for Inquiry
    1632 E Santa Gertrudis Street, Kingsville, TX 78363
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!