Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    710 S May Street Madisonville, TX 77864

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $950,000

    Commercial land available on Highway 75 South.

    Added:
    Feb 3, 2026
    Days on Market:
    75
    Last Refresh:
    Mar 18 at 1:17 pm

    Property Features for 710 S May Street

    General Information

    Standard status
    Active

    Building Details

    Year Built
    1965

    We can help!

    Listing Contact
    Zulma Cuevas
    Zulma Cuevas

    Listing agent Zulma Cuevas License #0693167

    Listing office DBL Real Estate

    Listing date Feb 3, 2026

    Source Evrealestate

    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 DBL Real Estate

    Overview

    Commercial Land on Highway 75

    Located on the west side of Highway 75 South, also known as May Street, this commercial land is accessible from Main Street, also known as Highway 21. The property is situated in Madisonville, Texas, within Madison County.
    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
    Madisonville
    County
    Madison
    State
    Texas
    Longitude
    -95.9099843
    Latitude
    30.9454064

    Nearby Similar for Sale

    • $950,000
      12,630 SF

      Madisonville Commercial Hospitality/Retail Suites

      Newly renovated hospitality/retail suites in the heart of Madisonville, TX.
      710 S May Street, Madisonville, TX 77864-2564
      View Details
    • $150,000

      Madisonville Land with Highway Access

      Nearly 3/4-acre lot with utilities, highway frontage, and commercial potential.
      918 E Main Street, Madisonville, TX 77864
      View Details
    • $595,000

      Prime Commercial Land in Madisonville

      Exceptional development opportunity in high-traffic Madisonville, Texas.
      1623 & 1677 E Main Street, Madisonville, TX 77864
      View Details
    • $399,000

      Unrestricted Land with Mobile Home

      20-acre unrestricted property with a well-maintained mobile home.
      1440 Mustang Loop, Madisonville, TX 77864
      View Details
    • $2,250,000
      8,365 SF

      Income-Producing Estate with Event Venue

      30-acre estate with renovated home and event center.
      601 N Shipp Street, Madisonville, TX 77864
      View Details
    • $260,000

      Heavily Wooded Recreational Land

      12.98 acres of wooded land ideal for recreation.
      9884 Rocky Ridge Lane, Madisonville, TX 77864
      View Details
    • $269,000

      Unrestricted Land in Madisonville, TX

      Scenic 5-acre tract near Madisonville, TX, ideal for building.
      1224 S State Street, Madisonville, TX 77864
      View Details
    • $99,000

      Residential Land in Madisonville, TX

      3.02 +/- acre residential lot with city utilities.
      12 Manning Lane, Madisonville, TX 77864
      View Details
    • $2,250,000

      Income-Producing Madisonville Estate

      30-acre estate with home, venue, and amenities near downtown.
      601 N Shipp Street, Madisonville, TX 77864
      View Details
    • $91,875

      Unrestricted Land Tract in Madisonville

      2.1-acre unrestricted land ideal for homestead or recreation.
      2 AC FM 3091 Farm To Market Road, Madisonville, TX 77864
      View Details
    • $278,250

      Unrestricted Land in Madisonville, TX

      6.36 acres of unrestricted land, ideal for homestead or retreat.
      6 AC FM 3091, Madisonville, TX 77864
      View Details
    • $50,000

      Commercial Land in Downtown Madisonville

      Prime commercial land in downtown Madisonville, Texas.
      806 S Madison Street, Madisonville, TX 77864
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land available on Highway 75 South.
    Where is this commercial land located?
    The property is located at 710 S May Street Madisonville, TX.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Located on Hwy 75 S (May St.); Property is on the West side of the road; In Madison County
    (936) 349-6494
    We can help!
    Listing Contact
    Zulma Cuevas
    Zulma Cuevas
    Real Estate License ID: 0693167
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!