Commercial Land With Existing
For Sale
$900,000
Pending
17791 State Highway 155, Flint, TX 75762
COMMERCIAL - Flint, TX
Property Size1,512 SF
Lot Size5.49 Acres
Days on Market93
Property Features for 17791 State Highway 155
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Outside City Limits
Directions
From I20 take Toll 49. Exit Highway 155 South toward Noonday. Travel until you get to CR 2868. The corner has a car lot, cabin and small red storage building.
Standard status
Pending
Size
1,512 SF
Lot size
5.49 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ABST A0018 T Quevado tract 6D.3, 14A sec 27
Tax Annual Amount
2071
Legal Description
ABST A0018 T Quevado tract 6D.3, 14A sec 27
Utilities
Heating system
Central
Cooling system
Electric, Central Air
Building Details
Year built
1986
Building materials
Frame, Metal Siding
Listing Agency:
Keller Williams Realty-Tyler
(903) 534-6600
Listed By:
Jaci Purselley
(469) 369-3211
Added: May 14
Changed: Aug 13
Last Checked: Aug 14 at 1:06AM
MLS# 26006850
Copyright © 2026 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5.489-acre commercial land tract includes a 1,512-square-foot cabin positioned along the State Highway 155 side of the property. Built in 1986, the frame structure has metal siding, central heating, and electric central air. Water, electric, and septic are available for the cabin.
The property is located in Flint, with access to Loop 49 approximately 3 minutes away, Loop 323 approximately 9 minutes away, Lake Palestine approximately 10 minutes away, downtown Tyler approximately 18 minutes away, and Interstate 20 approximately 20 minutes away. The parcel is identified as a corner lot and offers a combination of developable acreage and an existing improved structure.
The property is located in Flint, with access to Loop 49 approximately 3 minutes away, Loop 323 approximately 9 minutes away, Lake Palestine approximately 10 minutes away, downtown Tyler approximately 18 minutes away, and Interstate 20 approximately 20 minutes away. The parcel is identified as a corner lot and offers a combination of developable acreage and an existing improved structure.
Key Highlights
- 5.489‑acre commercial land parcel
- 1,512‑square‑foot cabin on the State Highway 155 side
- Water, electric, and septic available for the cabin
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,116
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$542,320
$542.3K
Cap Rate 7%
$387,371
$387.4K
Cap Rate 9%
$301,289
$301.3K
Market Conditions
NOI Build-Up for 1,512 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$37.7K $24.96/SF
− Vacancy
−$1.6K −$1.05/SF
EGI
$36.2K $23.91/SF
− OpEx
−$9.0K −$5.98/SF
NOI
$27.1K $17.93/SF
Area
Smith County, TX
Vacancy
4.20%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$542,320
Cap Rate 7%
$387,371
Cap Rate 9%
$301,289
Alternative Uses
Best Use
Specialty Retail
$387.4K
$339.0K – $451.9K
NOI $27,116 @ 7.0% cap · market cap 3.01%
Second Best
Retail
$290.9K
$254.5K – $339.4K
NOI $20,361 @ 7.0% cap · market cap 2.26%
Theoretical Best
Hotel Hospitality
$1.14M
$996.5K – $1.33M
NOI $79,720 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
3,945 visits/mo
0.2 miles
Demographics for 75762, TX
13,923
Population
6,052
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
97%
High-School Grad
44.7 sq mi
ZIP Area
311
Density / Sq Mi
$91,429
Median Household Income
$47,587
Median Earnings
$1,201
Median Rent
$283,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial acreage includes an existing cabin with water, electric, and septic available.
Where is this commercial land located?
The property is located at 17791 State Highway 155 Flint, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 5.489‑acre commercial land parcel; 1,512‑square‑foot cabin on the State Highway 155 side; Water, electric, and septic available for the cabin
