Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Stanton Land with Steel Structures Title is generated by Realmo AI

    1864 State HWY 137, Stanton, TX 79782

    View on Map
    Claim this Listing
    New
    For Sale
    $289,900

    COMMERCIAL - Stanton, TX

    Property size:
    435,600 SF
    Lot size:
    10.00 Acres
    Price / SF:
    $0.67/SF
    Added:
    May 29, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 2 at 7:06 am

    Property Features for 1864 State HWY 137

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Size
    435,600 SF
    Lot size
    10.00 Acres

    Taxes and HOA fees

    Tax Description
    35 NW/4 & N/2 SW/4 & PT SE/4
    Tax Annual Amount
    246

    Building Details

    Year built
    2025

    We can help!

    Listing Contact
    Najam Hasan

    Listing agent Najam Hasan

    Listing office Dash Realty, LLC 13276 Research Blvd Suite 107, Pflugerville, TX

    Listing date May 29, 2026

    MLS# 50095577

    Copyright © 2026 Permian Basin Board 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.

    HighLights

    • 10 acres of flat land with straight access to State Hwy 137.
    • Three industrial steel structures erected on new foundation, plumbed for residential or commercial use.
    • Electrical connections in place, new septic with leach field, and private water well.
    • Potential to build a residence, workshop, or commercial business.
    • Two extra storage buildings included.
    • Seller can finish the buildings for additional cost.

    Overview

    This property features 10 acres of flat land with three industrial steel structures erected on a new foundation. The structures are plumbed for residential or commercial use and have electrical connections in place. A new septic system with a leach field and a private water well are included. The property offers straight access to State Highway 137. There are also two extra storage units included. The land is suitable for building a residence, workshop, or commercial business. There is potential for additional land assemblage if needed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Hair Salon Nail Salon Spa & Massage Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Stanton
    County
    Martin
    State
    Texas
    Longitude
    -101.8057423
    Latitude
    32.1378914

    Nearby Similar for Sale

    • $325,000
      1,680 SF

      Unrestricted Land South of Stanton

      Unrestricted commercial land with utilities and improvements near Highway 137.
      1844 Hwy 137, Stanton, TX 79782
      View Details
    • $1,200,000
      9,445 SF

      Stanton Commercial Facility on Acreage

      9,445 SF facility on 3.945 acres near I-20.
      3334 I-20 Service Rd, Stanton, TX 79782
      View Details
    • $1,395,000
      8,395 SF

      Stanton Commercial Property on I-20

      Commercial property with high visibility on I-20 and State Hwy 137.
      3398 I-20, Stanton, TX 79782
      View Details
    • $550,000

      Cleared Land in Stanton, TX

      44 +/- acres of unrestricted land, ideal for industrial use.
      FM 1208, Stanton, TX 79782
      View Details
    • $375,000

      Unrestricted Land with Barn

      4 acres in Greenwood, ready for homestead or venue.
      15109 E County Rd 106, Stanton, TX 79782
      View Details
    • $74,900

      Acre Land in Midland County

      One-acre property suitable for residential or commercial use.
      14518 E County Rd 139, Stanton, TX 79706
      View Details
    • $399,000

      Unrestricted Land Tract in Stanton

      10 acres with utilities, suitable for various uses.
      3366 C 1900, Stanton, TX 79782
      View Details
    • $115,000

      Stanton, TX Land For Sale

      1.335 acre corner lot ready for development in Stanton.
      9111 Sonora Ave, Stanton, TX 79705
      View Details
    • $74,900

      Acre Land in Stanton, TX

      One-acre property suitable for residential or commercial use.
      14518 E County Rd 139, Stanton, TX 79706
      View Details
    • $550,000

      Cleared Land in Stanton, TX

      44 +/- acres of unrestricted land, great visibility.
      FM 1208, Stanton, TX 79782
      View Details
    • $300,000

      Industrial Lot Near Midland

      4.4 acre industrial lot with utilities near Midland, TX.
      3070 Interstate 20, Stanton, TX 79706
      View Details
    • $750,000
      11,200 SF

      Dollar General Investment Opportunity

      Dollar General investment opportunity in Stanton, Texas.
      301 E Front St, Stanton, TX
      View Details

    FAQs

    What type of property is this?
    Industrial land - 10 acres with structures, utilities, and highway access.
    Where is this industrial land located?
    The property is located at 1864 State HWY 137 Stanton, TX.
    What is the asking price?
    The asking price for this property is $289,900.
    What are key features of this property?
    This property features: 10 acres of flat land with straight access to State Hwy 137.; Three industrial steel structures erected on new foundation, plumbed for residential or commercial use.; Electrical connections in place, new septic with leach field, and private water well.
    (432) 425-1286
    We can help!
    Listing Contact
    Najam Hasan
    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
    1864 State HWY 137, Stanton, TX 79782
    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!