Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Fort Stockton BESS Portfolio Title is generated by Realmo AI

    592 E 44th Ln, Fort Stockton, TX 79735

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    31.52 AC ERCOT/TNMP BESS Portfolio in Fort Stockton, Texas.

    Type:Industrial, Land, Special Purpose
    Property size:
    1,373,011 SF
    Lot size:
    31.52 Acres
    Added:
    Oct 30, 2024
    Days on Market:
    582
    Last Refresh:
    May 12 at 9:01 pm

    Property Features for 592 E 44th Ln

    General Information

    Standard status
    Active
    Size
    1,373,011 SF
    Lot size
    31.52 Acres
    Property subtype
    Industrial, Land, Special Purpose

    We can help!

    Listing Contact
    Blake Schur
    Blake Schur

    Listing agent Blake Schur License #788497

    Listing office Davidson & Bogel Real Estate LLC

    Listing date Oct 30, 2024

    Source Crexi

    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 Davidson & Bogel Real Estate LLC

    HighLights

    • Located in Fort Stockton, Texas, a leading city for renewable energy
    • Long‑term leases with an average 20‑year term providing stable cash flow
    • Leased by Gore Street Capital and Excelsior Energy, established firms in the energy sector
    • Strategic location near new Cormint and Lancium data and bitcoin mining centers
    • 31.52 AC site positioned at the SWC of E 42nd Street & Stone Road in Fort Stockton, Texas
    • Portfolio includes 150 MW & 75 MW systems

    Overview

    Located at the southwest corner of E 42nd Street & Stone Road in Fort Stockton, Texas, this ERCOT / TNMP BESS Portfolio spans 31.52 acres. The site is leased by Gore Street Capital and Excelsior Energy, operating 150 MW and 75 MW systems, respectively. Fort Stockton has emerged as a leading city for renewable energy sources in Texas, owing to its proximity to the Permian Basin and significant wind and solar production. The BESS market is poised for growth due to the vast renewable energy sector and increasing demand for renewable energy to improve Texas’ energy supply and grid. The property is strategically located near the new Cormint and Lancium data and bitcoin mining centers, enhancing its long-term value for the tenants. The portfolio is suited for private and institutional BESS investors, as well as private capital investors seeking access to the rapidly growing sector and cash-flow investments. The average lease term across the portfolio is 20 years. Gore Street Capital is a private investment management firm focused on energy storage solutions, helping stabilize renewable energy grids through battery energy storage systems. Excelsior Energy Capital is a private renewable energy infrastructure firm specializing in equity investments in middle-market wind, solar, and energy storage projects across North America.
    Property Profile Location Intelligence

    Current Use by Public Records

    Daggett & Sons Inc Factory

    Suggested Use

    Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Discount Store Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Stockton
    County
    Pecos
    State
    Texas
    Longitude
    -102.856022
    Latitude
    30.926188

    Nearby Similar for Sale

    • $399,000
      6,321 SF

      Unique Commercial Property in Fort Stockton

      Remodeled commercial property suitable for various business needs.
      200 N Main St, Fort Stockton, TX 79735
      View Details
    • $110,000
      2,470 SF

      Downtown Fort Stockton Commercial Gem

      Prime commercial property in downtown Fort Stockton, perfect for business.
      117 S Main St, Fort Stockton, TX 79735
      View Details
    • $1,400,000
      18,000 SF

      Fort Stockton Hospitality Property

      Renovated main building with 90 rooms and a pool.
      800 Dickinson, Fort Stockton, TX 79735
      View Details
    • $375,000
      3,996 SF

      Historic Downtown Retail with Loft

      Retail building with a three-bedroom loft in historic downtown.
      209 N Main St, Fort Stockton, TX 79735
      View Details
    • $35,000

      Cleared Lot in Fort Stockton

      Cleared 0.298-acre lot with utilities and no restrictions.
      1516 N Urias, Fort Stockton, TX 79735
      View Details
    • $35,000

      Cleared Lot in Fort Stockton

      Cleared 0.298-acre lot with utilities and no restrictions.
      1514 N Urias, Fort Stockton, TX 79735
      View Details
    • $35,000

      Cleared Lot in Fort Stockton

      Cleared 0.298-acre lot with utilities and no restrictions.
      1512 N Urias, Fort Stockton, TX 79735
      View Details
    • $35,000

      Cleared Lot in Fort Stockton

      Cleared 0.298-acre lot with utilities and no restrictions.
      1518 N Urias, Fort Stockton, TX 79735
      View Details
    • $385,000
      100 SF

      Fort Stockton RV Park Opportunity

      RV park with renovated trailer, laundry, and shop.
      2505 Ray Falcon, Fort Stockton, TX 79735
      View Details
    • $250,000
      3,122 SF

      Fort Stockton Church on Three Lots

      3,122 sq ft church on 0.475 acres for sale.
      700 N Rio St, Fort Stockton, TX 79735
      View Details
    • $285,000
      1,944 SF

      Fort Stockton Retail/Office Opportunity

      Move-in ready retail or office space in Fort Stockton.
      117 N Main St, Fort Stockton, TX 79735
      View Details
    • $350,000
      1,531 SF

      Fort Stockton Airbnb Investment Opportunity

      Charming, fully operational Airbnb in Downtown Fort Stockton, Texas.
      201 S Water, Fort Stockton, TX 79735
      View Details

    FAQs

    What type of property is this?
    Alt. Energy / Solar Land - 31.52 AC ERCOT/TNMP BESS Portfolio in Fort Stockton, Texas.
    Where is this alt. energy / solar land located?
    The property is located at 592 E 44th Ln Fort Stockton, TX.
    What are key features of this property?
    This property features: Located in Fort Stockton, Texas, a leading city for renewable energy; Long‑term leases with an average 20‑year term providing stable cash flow; Leased by Gore Street Capital and Excelsior Energy, established firms in the energy sector
    (214) 497-0276 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Blake Schur
    Blake Schur
    Real Estate License ID: 788497
    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
    592 E 44th Ln, Fort Stockton, TX 79735
    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!