Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    El Campo Building Lot Title is generated by Realmo AI

    303 Palacios Street, El Campo, TX 77437

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Building lot with commercial opportunity near Highway 59.

    Type:Land or Vacant Lot
    Lot size:
    0.17 Acres
    Added:
    Sep 11, 2025
    Days on Market:
    267
    Last Refresh:
    Apr 5 at 10:35 pm

    Property Features for 303 Palacios Street

    General Information

    Standard status
    Active
    Lot size
    0.17 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    LISA PEREZ
    LISA PEREZ

    Listing agent LISA PEREZ License #0676422

    Listing office COUNTRY PRIDE REAL ESTATE

    Listing date Sep 11, 2025

    Source Corcoran

    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 COUNTRY PRIDE REAL ESTATE

    HighLights

    • Great building lot for your next project.
    • Commercial opportunity awaits in a prime location.
    • Close to Highway 59 for easy commuting.
    • Fast access to shopping conveniences.
    • Fast access to dining options.
    • Located in El Campo, TX.

    Overview

    This building lot offers commercial opportunities in El Campo, Texas. The property provides fast access to shopping and dining due to its proximity to Highway 59. Interested parties should consult with the City of El Campo regarding zoning regulations and potential uses for the lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    El Campo
    County
    Wharton
    State
    Texas
    Longitude
    -96.2212
    Latitude
    29.1916

    Nearby Similar for Sale

    • $1,250,000
      11,200 SF

      El Campo Commercial Opportunity

      Versatile commercial property suitable for various business ventures in El Campo.
      711 West Jackson Street, El Campo, TX 77437
      View Details
    • $395,000
      3,800 SF

      El Campo Commercial Opportunity

      Thriving business opportunity in El Campo with proven success.
      802 West Jackson Street, El Campo, TX 77437
      View Details
    • $395,000
      3,800 SF

      Established Business Opportunity in Texas

      Thriving business with real estate for sale in El Campo.
      802 W Jackson Street, El Campo, TX 77437
      View Details
    • $360,000
      4,000 SF

      Established Restaurant on Large Lot

      Long-standing restaurant on an acre with expansion potential.
      1006 W Loop, El Campo, TX 77437
      View Details
    • $395,000
      1,500 SF

      El Campo Business Opportunity

      Thriving business with real estate for sale in El Campo.
      802 W Jackson St, El Campo, TX 77437
      View Details
    • $3,486,105

      Agricultural Land on Highway 59

      40.7 acre agricultural property with highway frontage in El Campo.
      US 59 Highway, El Campo, TX 77437
      View Details
    • $2,895,000

      El Campo Development Opportunity

      10-acre tract at high-traffic intersection of Hwy 59 and FM 1163.
      HWY 59, El Campo, TX 77437
      View Details
    • $60,000

      El Campo Commercial Land Opportunity

      Highly visible commercial land with highway frontage in El Campo.
      612 S Mechanic Street lot: 11-12, El Campo, TX 77437
      View Details
    • $399,000

      El Campo Land on Highway

      4.49-acre lot on State Highway 71 in El Campo, TX.
      000 S Mechanic, El Campo, TX 77437
      View Details
    • $704,900
      1,616 SF

      Turn-Key Homestead on Usable Acres

      Homestead with main home, guest house, and agricultural amenities.
      11301 South FM 441 Road, El Campo, TX 77437
      View Details
    • $450,000
      12,632 SF

      Corner Commercial Property For Sale

      High-visibility commercial property with multiple units and excellent frontage.
      119 N. Mechanic, El Campo, TX
      View Details
    • $1,250,000
      11,200 SF

      Unique Commercial Property with Multiple Opportunities

      Versatile commercial property in El Campo, TX with diverse income streams.
      711 W Jackson Street, El Campo, TX 77437
      View Details

    FAQs

    What type of property is this?
    Commercial land - Building lot with commercial opportunity near Highway 59.
    Where is this commercial land located?
    The property is located at 303 Palacios Street El Campo, TX.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Great building lot for your next project.; Commercial opportunity awaits in a prime location.; Close to Highway 59 for easy commuting.
    (979) 332-0753
    We can help!
    Listing Contact
    LISA PEREZ
    LISA PEREZ
    Real Estate License ID: 0676422
    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
    303 Palacios Street, El Campo, TX 77437
    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!