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    Development Land with Service-Road Frontage Title is generated by Realmo AI

    1812 N Highway 175, Seagoville, TX 75159

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    Claim this Listing
    For Sale
    $3,000,000

    SINGLE_FAMILY - Seagoville, TX

    Type:Retail
    Lot size:
    2.08 Acres
    Added:
    Dec 16, 2025
    Days on Market:
    168
    Last Refresh:
    Jun 2 at 9:06 pm

    Property Features for 1812 N Highway 175

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Parking features
    Open
    Standard status
    Active
    APN
    65054147510290000
    Lot size
    2.08 Acres

    Taxes and HOA fees

    Tax Description
    HERMAN HEIDER ABST 541 PG 475 TR 29 ACRES 0.2
    Tax Annual Amount
    390

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Year built
    1954
    Floors in Building
    1
    Number of units
    5
    Flooring type
    Wood, Concrete
    Building materials
    Brick, WoodSiding
    Roof type
    Composition

    We can help!

    Listing Contact
    Clarence Sebastian
    Clarence Sebastian

    Listing agent Clarence Sebastian License #0461005

    Listing office Sebastian Realty San Antonio, TX

    Listing date Dec 16, 2025

    MLS# 20839022

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 5 parcels totaling a little over 2 acres
    • 446 feet of frontage on the service rd of Hwy 175
    • Mixed‑use mix of an abandoned house, vacant lot, tax store building, resale shop building, and small section of raw land
    • Sewer services available via public sewer
    • Existing buildings use brick and wood siding with composition roofing
    • Parking available with open parking features

    Overview

    This offering consists of five parcels totaling a little over two acres, presented as an assemblage with a mix of existing improvements and vacant space. There is an abandoned house, a vacant lot, a small building currently being used as a tax store, and another building used as a resale shop. A small section of raw land sits alongside the resale shop building, contributing to the overall development potential of the site.

    The property is located at 1812 N Highway 175 in Seagoville, Texas, with 446 feet of frontage on the service road of Hwy 175. This combination of roadway frontage and multiple parcels provides flexibility for investors and developers looking to plan around the existing structures and open areas.

    Ideal for developers, spec buyers, and investors seeking a site with room to reimagine the layout. The current mix of a tax store and resale shop can also support interim income while future plans are evaluated. With frontage, multiple parcel configuration, and a blend of improvements and raw land, the property offers a practical platform for redevelopment opportunities in a high-visibility corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Seagoville
    County
    Dallas
    State
    Texas
    Longitude
    -96.559482
    Latitude
    32.656326

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    FAQs

    What type of property is this?
    Commercial land - Five-parcel assemblage totaling just over two acres with 446 feet of service-road frontage on Hwy 175 in Seagoville.
    Where is this commercial land located?
    The property is located at 1812 N Highway 175 Seagoville, TX.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: 5 parcels totaling a little over 2 acres; 446 feet of frontage on the service rd of Hwy 175; Mixed‑use mix of an abandoned house, vacant lot, tax store building, resale shop building, and small section of raw land
    (210) 544-4722
    We can help!
    Listing Contact
    Clarence Sebastian
    Clarence Sebastian
    Real Estate License ID: 0461005
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    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.

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    1812 N Highway 175, Seagoville, TX 75159
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