Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Chambers County Land For Sale Title is generated by Realmo AI

    615 Cove Road, Baytown, TX 77523

    View on Map
    Claim this Listing
    For Sale
    $55,000

    Under half acre lot in a rapidly developing area.

    Type:Land or Vacant Lot
    Lot size:
    0.47 Acres
    Added:
    Oct 31, 2025
    Days on Market:
    217
    Last Refresh:
    May 11 at 2:10 am

    Property Features for 615 Cove Road

    General Information

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

    We can help!

    Listing Contact
    TAFI DANIELS
    TAFI DANIELS

    Listing agent TAFI DANIELS License #0662296

    Listing office RE/MAX ONE - PREMIER

    Listing date Oct 31, 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 RE/MAX ONE - PREMIER

    HighLights

    • Prime location in Chambers County with high visibility on FM 565 (Cove Rd).
    • Just under 1/2 acre of land.
    • Easy access to I‑10, Mont Belvieu, and Baytown.
    • Located in a fast‑growing corridor of Chambers County.
    • Area is known for expanding development.
    • Excellent schools in the area.

    Overview

    This property is located in Chambers County, fronting FM 565 (Cove Rd), and offers visibility and easy access. The area is known for its expanding development and excellent schools. The property is located close to I-10, Mont Belvieu and Baytown. The lot size is just under 1/2 acre.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Baytown
    County
    Chambers
    State
    Texas
    Longitude
    -94.894
    Latitude
    29.7803

    Nearby Similar for Sale

    • $1,399,000
      8,352 SF

      Turnkey Income Property in Baytown

      Multi-family low-rise apartment complex near Baytown's industrial hubs.
      2013 Ellis School Rd, Baytown, TX 77520
      View Details
    • $800,500
      3,220 SF

      Fully Leased Retail Asset

      High-visibility retail property with redevelopment potential near ExxonMobil event center.
      1024 Decker Drive, Baytown, TX 77520
      View Details
    • $650,000
      1,500 SF

      Baytown Commercial Property on Highway

      Commercial property in the heart of Baytown, Texas.
      3733 N Highway 146, Baytown, TX
      View Details
    • $695,000
      3,909 SF

      Baytown Office/Medical Building For Sale

      3,900 SF office/medical building on .99 acres in Baytown, TX.
      7912 Bayway Dr, Baytown, TX
      View Details
    • $499,000
      1,600 SF

      High-Visibility Commercial Property on Main

      Prime commercial location with high traffic and flexible usage.
      2007 N Main St, Baytown, TX 77520
      View Details
    • $2,928,000
      7,370 SF

      AutoZone Investment Opportunity in Baytown

      NNN leased AutoZone property with long-term tenant in Baytown, TX.
      5222 Garth Rd, Baytown, TX 77521
      View Details
    • $90,000

      Baytown Vacant Commercial Land

      Vacant commercial land suitable for home office or boutique.
      1702 Carolina Street, Baytown, TX 77520
      View Details
    • $2,150,000
      4 SF

      Freestanding Medical Office/Surgery Center

      Freestanding medical office/surgery center with highway access.
      910 Highway 146, Baytown, TX
      View Details
    • $4,750,000
      17,952 SF

      Baytown Automotive Sales Facility Available

      Former car dealership location on I-10 in Baytown, Texas.
      4221 East Fwy, Baytown, TX
      View Details
    • $995,000

      Commercial Lot Near I-10

      Vacant commercial lot near I-10 and Hwy 330.
      502 West Cedar Bayou Lynchburg Road, Baytown, TX 77521
      View Details
    • $308,000

      Commercial Land Near I-10

      Commercial land available near I-10 in Baytown, Texas.
      8411 Meadowlark Drive, Baytown, TX 77523
      View Details
    • $1,640,000
      5,280 SF

      Baytown Office Building For Sale

      5,280 SF office building in Baytown, TX.
      2717 W Baker Rd, Baytown, TX
      View Details

    FAQs

    What type of property is this?
    Commercial land - Under half acre lot in a rapidly developing area.
    Where is this commercial land located?
    The property is located at 615 Cove Road Baytown, TX.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: Prime location in Chambers County with high visibility on FM 565 (Cove Rd).; Just under 1/2 acre of land.; Easy access to I‑10, Mont Belvieu, and Baytown.
    (281) 576-6000
    We can help!
    Listing Contact
    TAFI DANIELS
    TAFI DANIELS
    Real Estate License ID: 0662296
    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
    615 Cove Road, Baytown, TX 77523
    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!